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Thailand to be lifted from money laundering, terrorist financing blacklist

BANGKOK, Feb 27 – The Financial Action Task Force (FATF) has removed Thailand from the anti-money laundering and counter terrorist financing (AML/CTF) blacklist after the country has made significant progress to tackle the issues, a senior Thai official said today.

Anti-Money Laundering Office (AMLO) secretary general Sihanart Prayoonrat said the FATF made a preliminary decision in its Feb 18-22 meeting and that a FATF specialist will make an on-site visit to Thailand in May to confirm that the country has implemented the required reforms and actions to address deficiencies previously identified by the Paris-based agency.

Read more: MCOT

TN

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