PNG agreement to stay off FATF grey list
07 Aug 2017

Papua New Guinea is adamant on staying off the Financial Action Task Force (FATF) Money Laundering and Counter Terrorist Financing-grey list.

The country was grey-listed in 2011/2012 but with help got out in June 2016.
To enhance these efforts an agreement was signed last Friday between the recently established Financial Analysis Supervision Unit (FASU), PNG Investment Promotion Authority (IPA) and the Securities Commission last Friday.

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