Source: Vientiane Times The National Committee for anti-money laundering (AML) and counter-terrorism financing (CTF) has reviewed the progress of preparationsRead more
Nong Khai police will in two weeks apply for arrest warrants related to money-laundering charges for Lao siblings who were caught trying to cross the border into Laos from Nong Khai with more than Bt98 million in undeclared Thai banknotes in December.Read more
Laos is continuing on its risk assessment path for money laundering and countering finance for terrorism after the country graduated from the ‘Grey’ list, which was approved by the Financial Action Task Force (FATF) last month.Read more
The government is taking a tough stance on financial transparency as well as crime prevention, especially in the area of money laundering, to help encourage foreign direct investment in Laos.
As part of government’s efforts to bring the country’s financial standards in line with international systems, the Bank of the Lao PDR (BOL)’s Anti-Money Laundering Intelligence Unit yesterday signed a Memorandum of Understanding (MoU) with the ….