Global Compliance Institute

The Asia/Pacific Group on Money Laundering (APG) is a key regional body dedicated to enhancing anti-money laundering (AML) and combating the financing of terrorism (CFT) frameworks across the Asia-Pacific. Established in 1997, the APG is part of a broader global network of Financial Action Task Force-Style Regional Bodies (FSRBs) that work in coordination with the Financial Action Task Force (FATF) to ensure strong financial crime prevention measures.

Jurisdictions under enhanced monitoring are working closely with the Financial Action Task Force (FATF) to tackle significant weaknesses in their frameworks for preventing money laundering, terrorist financing, and proliferation financing. Being placed on increased monitoring by the FATF means the country has committed to addressing these weaknesses within a set timeline and is subject to heightened scrutiny. This list is frequently referred to as the "grey list."

Miranda Patrucic truth chasing an economist who found her way into journalism and is now the Editor in Chief of the Organized Crime and Corruption Reporting Project (OCCRP).

We so enjoyed the pleasure of her company in London last week, where we celebrated the launch of our GCI European business.