APG annual meeting shifted to US from Bangladesh

Last updated: July 12, 2016

Dhaka, Bangladesh (BBN) - Asia Pacific Group on Money Laundering (APG) has postponed its annual meeting for this year scheduled to be held in Dhaka, the APG said in its latest notification.
The meeting will now be held in the United States in September next, according to the notification. “Details of the venue and time will be posted as soon as final arrangements are made.”
More than 350 foreign delegates had been expected in the capital to attend the July 24-28 annual meeting of The Asia Pacific Group on Money Laundering that seeks to pool efforts to fight illegal money transfers and terrorist financing.
Talking to BBN, a senior official of the Bangladesh Bank (BB) said the meeting has been postponed as per the steering committee’s decision.
“The international event has been postponed mainly due to issue traveling alert by different countries including co-chairs –Australia and New Zealand – of the meeting after terror attacks in Bangladesh,” the official explained.
The APG is an international organisation consisting of 41 members and a number of international and regional observers including the United Nations, International Monetary Fund and World Bank.
It is closely affiliated with the Financial Action Task Force (FATF) based in Paris, France.
The FATF is an inter-governmental body, whose job is to develop and promote policies, both national and international, to combat money laundering and check financing of terrorism.

BBN/SSR/AD

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram