Myanmar’s military-backed government may find its reluctance to address the international community’s concerns a greater obstacle to economic recovery than the threat of tougher international financial restrictions, according to analysts.
The Financial Action Task Force (FATF), the global money-laundering and terrorist-financing watchdog, warned on October 30 that it could consider further measures against Myanmar if it failed to remedy shortcomings in its financial safeguards by…
Source: www.scmp.com
