FATF Statement
Published Date: 04 April 2008

February 2008 FATF Statement

The Financial Action Task Force (FATF), of which Singapore is a member, issued a statement on 28 February 2008, which expressed concern over the deficiencies in the anti-money laundering/combating the financing of terrorism (AML/CFT) regime in:

  • Uzbekistan
  • Iran
  • Pakistan
  • Turkmenistan
  • São Tomé and Príncípe
  • Northern Part of Cyprus

The text of the FATF statement may be found at http://www.fatf-gafi.org/dataoecd/16/26/40181037.pdf

Financial institutions are advised to take the actions as recommended by the FATF with respect to the individual countries.