Mongolia is among six Asian
countries whose implementation of measures against financing of terrorism
financing and money laundering has been found inadequate and will now be
reviewed in depth, according to a decision taken at the recent annual meeting
of the Asia-Pacific Group (APG) on Money Laundering in Singapore. The others in
the list are Vietnam, Myanmar, the Philippines, Pakistan, and Cambodia.

The decision was taken after all
member countries had submitted a report on the status and progress of implementation
activities in their country. Until a final report on the review is available,
the six countries will have to submit a monthly account of what they have done
to improve their monitoring system.