THE Office of Union Attorney General organized the 1st coordination meeting of Supervising Committee for Implementing Strategic Area (1) in National Strategy on Anti-Money Laundering and Countering the Financing of Terrorism, yesterday morning.
Union Attorney-General U Tun Tun Oo presided over the meeting held at the headquarters of UAGO in Nay Pyi Taw.
He explained the works of Supervising Committee to monitor the process of state-departments in implementing the policies, directives and legal frameworks in preventing money laundering and countering the financing of terrorism.
Myanmar has carried out the National Risk Assessment (NRA) in 2015 with the technical assistance of IMF, and adopted the five strategic areas.
The secretary of Supervising Committee led the members in discussing matters related to the Strategic Area 1 which includes ‘strengthening policies, instructions and legal frameworks on money laundering, terrorism and terrorist financing in line with international standards based on the identified risks’.
MNA
(Translated by Aung Khin)
Photo: MNA
Ref; The Global New Light of Myanmar