Phnom Penh: The Paris-headquartered Financial Action Task Force (FATF) on Friday removed Cambodia from its grey list of high-risk countries for money laundering after the Southeast Asian nation had been listed since 2019.
According to the outcomes of its plenary meeting posted on its website, the global money-laundering watchdog said Cambodia had made progress in improving anti-money laundering and combating the financing of terrorism (AML/CFT) regimes, Xinhua news agency reported.
The country “has addressed its technical deficiencies to meet the commitments of its action plan on strategic deficiencies that the FATF identified in February 2019”, the FATF said.
It added that Cambodia is “no longer subject to the FATF’s increased monitoring process”.
https://newsroomodisha.com/cambodia-rem ... grey-list/
Cambodia removed from money-laundering grey list
- Bong Burgundy
- Where Did All the People Go?
- Reactions: 286
- Posts: 2503
- Joined: Sun Oct 29, 2017 12:20 pm
- Location: K440 Channel 4 News
-
- I live above an internet cafe
- Reactions: 25
- Posts: 232
- Joined: Thu Feb 16, 2023 11:31 pm
“after the Southeast Asian nation had been listed since 2019.“
Shouldn’t that be since 1919?
Shouldn’t that be since 1919?
There are three classes of people: those who see, those who see when they are shown, those who do not see. ~ Leonardo da Vinci
Logical step, as corrupting has been vigorously stamped out
1
1
I wonder how much FATF charged for that.
- Felgerkarb
- Sir Felgerkarb, Kt Pb
- Reactions: 240
- Posts: 9140
- Joined: Mon Jun 18, 2007 3:22 am
- Location: Castle Felgerkarb, Felgerkarbia (Formerly Preah Vihear)
- Contact:
Note the wording. It just says Cambodia has made progress (read cooperated) with addressing loopholes that terrorist/terror regimes could use to launder money. It says nothing about internal money laundering endemic to Cambodian upper echelons.
====================
Why are the gods such vicious cunts?
Where is the god of tits and wine?
Why are the gods such vicious cunts?
Where is the god of tits and wine?
Likely he bent over to ban crypto. That would allow a pat on the back. The FATFucjs even talking about corruption is an oxymoron, or should be. Another scummy corrupt organisation that feels it can dictate to the world. Its day is coming...
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Singapore’s biggest money-laundering case has links to Chinese gamblers
by Bong Burgundy » Fri Nov 17, 2023 12:15 pm » in Cambodia News - 0 Replies
- 4641 Views
-
Last post by Bong Burgundy
Fri Nov 17, 2023 12:15 pm
-
-
-
Taiwanese billionaire holding Cambodian honorific title arrested for money laundering
by Bong Burgundy » Fri Nov 06, 2020 3:38 pm » in Cambodia News - 12 Replies
- 3952 Views
-
Last post by YaTingPom
Sat Nov 07, 2020 2:09 pm
-
-
-
China, Russia and Cambodia top list of regimes targeting critics in exile
by Bong Burgundy » Sat Feb 17, 2024 9:04 am » in Cambodia News - 0 Replies
- 393 Views
-
Last post by Bong Burgundy
Sat Feb 17, 2024 9:04 am
-
-
-
Cambodia's airport dreams stall as Chinese money dries up
by Bong Burgundy » Mon Feb 26, 2024 7:22 am » in Cambodia News - 2 Replies
- 635 Views
-
Last post by rogerrabbit
Mon Feb 26, 2024 7:52 pm
-