MYANMAR

FINANCIAL INTELLIGENCE UNIT

9th BIMSTEC Sub Group Meeting on Anti-Money Laundering and Combating the Financing of Terrorism

The Ninth Meeting of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Corporation (BIMSTEC) Sub Group on Anti-Money Laundering and Combating the Financing of Terrorism (SGAML-CFT) was held at Novotel Hotel in Yangon, Myanmar on 26-27 April, 2017. Major. Gen. Aung Soe, Deputy Minister for Ministry of Home Affairs, Pol. Col. Kyaw Win Thein, Head of Myanmar Financial Intelligence Unit, Ambassador Sumith Nakandala, Secretary General of BIMSTEC and 40 participants from Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand attended the meeting.

Brig. Gen. Aung Soe, Deputy Minister for Ministry of Home Affairs, Pol. Col. Kyaw Win Thein, Head of Myanmar Financial Intelligence Unit, Ambassador Sumith Nakandala, Secretary General of BIMSTEC delivered Speech at the opening ceremony.

In order to promote the cooperation between BIMSTEC member countries regarding AML/CFT measures, the delegates reviewed the requirements for the current implementing functions, discussed the cyber threats, illegal funds flow, human development and capacity enhancing measures for AML/CFT, regional and international cooperation on AML/CFT measures and future plan to develop the legal framework among the member countries.