USEUROPEAFRICAASIA中文双语FrançaisHOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELWATCHTHISSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperMOBILEChinaNewsSocietyInnovationHK/Taiwan/MacaoCover StoryPhotosEnvironmentHealthMilitaryHome / China / HK Macao TaiwanMacaos anti-money laundering efforts praised by intl organizations
Xinhua | Updated:2017-12-01 17:43MACAO — The efforts by Chinas Macao Special Administrative Region (SAR) in cracking down on money laundering and terrorist financing have been praised by international organizations, Macaos Financial Information Office said on Friday.The Asia-Pacific Group on Money Laundering (APG), an international organization on anti-money laundering and counter-terrorist financing, on Friday published the Mutual Evaluation Report on Macao SAR.Macao SAR obtains six substantial effectiveness ratings among 11 effectiveness outcomes, which ranks it among the higher tier of APG members that have been recently evaluated. There are also three moderate effectiveness ratings and only two low effectiveness ratings, according to the report.It also obtains 37 compliant and largely compliant ratings, and only 2 partially compliant and 1 non-compliant ratings, out of the 40 recommendations made by the Financial Action Task Force (FATF), the international standard-setting body of anti-money laundering, counter-financing of terrorism and combating of proliferation financing, the report said.The report provides a detailed account of the respective work and ratings of Macao SAR, and gives an authoritative proof of Macao SARs steadfast efforts in the prevention and fight against money laundering and terrorist financing, Macaos Financial Information Office said.Related StoriesMacaos general unemployment rate for Aug-Oct goes down to 1.9 percentIllegal source of money for Macao gambling shut downMacaos industrial structure adjusted in 2016Hong Kong-Zhuhai-Macao Bridge set to finish major construction works by years endPhotoNight views of Harbin through the lensTibetans take train home after pilgrimage or travellingTen photos from across China: Nov 24-30African practices TCM in Chengdu hospitalWorlds largest shaftless Ferris wheel built in ChinaHow expats are making their Chinese dream come trueProfile: Xi Jinping and his eraDecoding Xis reportLatestXi meets Aung San Suu KyiXi delivers speech at world political party dialogueLiu Wei: Future of SAAS is hopefulChina observes World AIDS Day with new measuresTianjin to tighten groundwater useState Council NewsPremier visits Hungary, attends China-CEEC, SCO meetingsPremier Li values mutual language learning in China and CEECExclusiveDialogue links global political partiesHow expats are making their Chinese dream come trueForeigners give thumbs-up to Chinese DreamEditors picksNewest submersible enters into serviceTest kits on sale in campus vending machinesTen photos you dont wanna missTen photos from across China: Nov 24-30SpecialDiscovering HainanCPC encyclopediaBACK TO THE TOPHOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELWATCHTHISSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperMOBILECopyright 1995 -var oTime = new Date();
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