AN EFFECTIVE AND INDEPENDENT FASU IS ESSENTIAL TOWARDS CURTAILING MONEY LAUNDERING
Transparency International Papua New Guinea (TIPNG) has issued a statement calling on the Private Sector and Government to respect the Independence of the Bank of Papua New Guinea’s Financial Analysis and Supervision Unit (FASU) and allow due process to be followed. TIPNG has taken this position in light of the various comments made relating to the actions taken by the FASU in issuing a ‘show cause’ notice to the BSP Financial Group Ltd (BFL).
AN EFFECTIVE AND INDEPENDENT FASU IS ESSENTIAL TOWARDS CURTAILING MONEY LAUNDERING Read More »
