Moreover, Bangladesh improved more in anti-money laundering activities in comparison to many other developed countries in APG’s third Mutual Evaluation Report (MER). Bangladesh government’s role to withstand money laundering and terror financing activities was discussed and appreciated by APG member countries in the meeting. A proposal of downgrading Bangladesh in four ratings by APG member countries was not considered in the meeting, said the statement. Bangladesh was recognised as compliant with international AML standards by APG and it’s 41 member countries. In the APG report, Bangladesh’s rating was better than those of Sri Lanka, Norway and in some categories, Australia.

Source: Dhaka Tribune September 08, 2016 18:56 UTC