The Central Committee for Anti Money Laundering held its first meeting of the year on June 4.
Union Minister for Home Affairs LtGen Kyaw Swe, who is the Chair of the committee, delivered an opening address at the meeting that took place at the Ministry of Home Affairs in Nay Pyi Taw.
Acting chief of Anti-Financial Crime Division Police Brig-Gen Kyaw Win Thein, who is the joint secretary of the committee, then explained about national-level danger assessment report and Anti-Money Laundering Law. The law is jointly drawn up by the Legal Affairs and Special Cases Assessment Commission of the Pyidaungsu Hluttaw, the national-level bicameral legislature of Myanmar, and the bill committee. A total of twenty attendees including 15 committee members and five special invitees participated in the meeting.
Myanmar joined Asia/Pacific Group on Money Laundering (APG) on March 9, 2006. Implementation and performances over standards of AntiMoney Laundering concerning money laundering and terrorism of APG member countries are being carried out through the system of assessment between member countries.
