Tagged: Myanmar

FATF Blacklists Myanmar for “Strategic Deficiencies” in Money Laundering and Terrorist Financing Infrastructure

Alexander Cotoia, Regulatory Manager and Senior Consultant at The Volkov Law Group PC, rejoins us for a posting on Myanmar AML risks. Alex can be reached at [email protected] On October 21, 2022, the global Financial Action Task Force (“FATF”) added the nation of Myanmar to its so-called “blacklist” of jurisdictions with “strategic deficiencies” in their legal and regulatory regimes that permit illicit financial activity such...