Report
Japan reportedly pushes to remove Myanmar from a global financial watchdog's blacklist
Japan reportedly wants the Financial Action Task Force to drop enhanced screening requirements for transactions with Myanmar to ease business.
TLDR
Reuters, in articles published by The Straits Times and The Japan Times, reports the push, citing a senior Japanese government official and another person familiar with the matter. Myanmar has been on the Financial Action Task Force's blacklist since 2022, requiring enhanced checks on financial transactions. The watchdog said in June that Myanmar had made some progress but urgently needed to address deficiencies, including money-laundering investigations and prosecutions.
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