FATF invite for China
FINANCIAL CRIME
Progress was also made by the removal of several countries from the list of non-co-operative countries. The Cook Islands, Indonesia and the Philippines were all removed. The FATF's statement says all these countries have now developed AML systems and put financial intelligence units in place. Countries left on the list include Myanmar, Nauru and Nigeria.
The FATF also published a best practices paper on special recommendation nine, providing guidance on detailed measures to stop the cross-border
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