A two-day training course on Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT) and Countering Proliferation Financing (CPF) for legal professionals opened at Hotel Max in Nay Pyi Taw yesterday under the supervision of the Supreme Court of the Union.
Union Chief Justice U Tha Htay said Myanmar is implementing AML/CFT/ CPF measures in line with Financial Action Task Force (FATF) recommendations to safeguard public security and support economic development. He noted that the first National AML/CFT Strategy (2019-2023) had been completed and the second strategy (2024-2028) is being implemented.
He added that the 2026 Anti-Money Laundering Law had been enacted to combat money laundering, terrorist financing and the financing of the proliferation of weapons of mass destruction. The training aims to strengthen legal professionals’ knowledge and capacity in AML/CFT matters and promote compliance with relevant laws and supervisory guidance.
The training is being held from 15 to 16 August under the National Strategy on Combatting Money Laundering and Terrorist Financing (2024-2028) and the Supreme Court’s 2026 AML/CFT National Strategy Action Plan. Judges, senior officials, representatives of relevant AML/CFT bodies, the Financial Intelligence Unit, the Department of Special Investigation and legal professionals from various regions and states attended the opening ceremony. — MNA/KZL