Thailand removed from list of nations with risks of money laundering and financing of terrorism

BANGKOK, 23 April 2013 (NNT) – The Financial Action Task Force (FATF) has agreed to remove Thailand from its list of nations identified as Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) deficient.

Justice Minister Police General Pracha Promnok held a press conference today during which he indicating that Thailand is no longer on the FATF’s blacklist, given its progress in addressing the AML/CFT deficiencies. In addition, the United Nations (UN) has sent a list of 291 suspects whom it believes, have been involved in terrorist activities to the Anti-Money Laundering Office (AMLO).

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