Myanmar Joins North Korea and Iran on Global Illicit Finance Blacklist

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A global financial watchdog added Myanmar to its list of countries where businesses and financial institutions are at high risk of exposure to money laundering and terrorist financing

The Financial Action Task Force’s action follows last year’s coup and could further isolate the junta-controlled nationye aung thu/Agence France-Presse/Getty ImagesSINGAPORE—, potentially accelerating the country’s economic isolation that was triggered byThe Financial Action Task Force, a Paris-based intergovernmental body whose 39 members include

almost all of the world’s major financial centers including the U.S., China and a number of European nations, said on Friday that Myanmar failed to address a large number of deficiencies in its anti-money-laundering and terrorist financing systems. As a result, it said the Southeast Asian country was added to what is informally known as the FATF blacklist.

 

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If we expect in modern world to do business with such oppressive & curel regime, we need to think again.

Look for a Trump development project soon! Money laundering you say

Is the US on this list!! I mean the democrats want to send another 50 billion dollars this January if they keep the house. We're do all that tax money go

They should have also blacklisted countries supporting the Myanmar junta!

Is the Trump Org on it too?

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