Central Bank of Myanmar Governor Daw Than Than Swe, who is also Chair of the Working Group on Anti-Money Launder­ing and Counter-Financing of Terrorism, addressed the coordi­nation meeting of the committee yesterday.

In her speech, she said the observers of APJG appreciated the progress and implementation of Myanmar. As a result of the good outcomes, Myanmar has been promoted to largely compli­ant (LC), attaining five immediate outcomes in total from 2021 to 2024. Although there are such positive outcomes and progress, there are media attacks that af­fect the interest of the public. Therefore, the statements were issued to the public regarding AML/CFT implementations.

She also stressed the need to scope the significant facts to be discussed at the preliminary meeting of FATF and the work­groups of the meeting of ICRG in Singapore. She then talked about the actions to be taken against those who run illegal digital cur­rency trading, foreign currency and hundi services as per the Anti-Money Laundering Law and Financial Institutions Law.

The vice-chairperson, secre­tary and members of the commit­tee coordinated the discussion, and the governor concluded the meeting. — MNA/KTZH