This virtual roundtable will be one that you do not want to miss. Regulatory/compliance expert and former US Treasury official Joshua Shrager, SVP at Kharon, and notable anti-money laundering subject matter expert Angelena Bradfield, SVP, Anti-Money Laundering, at the Bank Policy Institute (Washington, DC) will co-present about the impacts of Myanmar being placed on the Financial Action Task Force (FATF) blacklist. Topics covered in this virtual roundtable will include the immediate impacts on businesses, an orientation to the FATF organization, and more.
If you bank or have any kind of banking relationship(s) in Myanmar, you will not want to miss out on this great chance to hear from true experts in the fields of anti-money laundering and regulatory compliance and what these changes may mean for the US business community in Myanmar.
Background for members:
The Financial Action Task Force (FATF), an intergovernmental NGO, recently announced that a review of Myanmar's status on the "FATF graylist" would be assessed in October 2022.
Some rumors continue to swirl that Myanmar may soon be only country number 3 placed on the FATF "blacklist," also known as "High-Risk Jurisdictions subject to a Call for Action." Moving Myanmar from the graylist to the blacklist will have significant impacts on Myanmar's formal economy and the people of Myanmar, particularly through reduced access to formal and legal international financial services.
(Update as of 26 August) Please see the Follow-up report to Myanmar's assessment of anti-money laundering and counter-terrorist financing measures (August 2022) by APG.
This session will be conducted under the Chatham House Rule, is off-the-record, and will not be recorded.
- Date and Time: September 8, 8:00 am (Myanmar Time)
- Venue: Zoom Meeting. An access link will be sent to you in advance.
- Tickets: FREE for AMCHAM Myanmar Members
- Booking deadline: September 7, 12 pm (Myanmar Time)
- Prior booking is required and no walk-ins accepted. Tickets are non-transferable.
- This meeting is open to AMCHAM Myanmar members only.