In order to show progress on the FATF statement, it is necessary to implement it as soon as possible, said SAC member Union Minister of the Ministry of Home Affairs, Lt. General Yar Pyae.
Lt. General Ra Penu, who is also chairman of the central body said this at the meeting of the Central Body on Anti-Money Laundering held at the Myanmar Police Headquarters on August 21st.
He highlighted the efforts to amend the counterterrorism law mentioned in the action plan of the FATF to report the progress to the FATF, as well as the need to amend the anti-money laundering law and enact the custody and disposal of exhibits law.
He also urged the departments to implement the recommendations stated in the Action Plan to be able to show off the signs of progress before October 2024.
Afterwards, central body members and relevant officials discussed their duties and ongoing work plans and approved the national strategy (2024-2028) (draft).
