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URGENT ACTION NEEDED ON ANTI-MONEY LAUNDERING ENFORCEMENT TO PREVENT PNG MOVE TO GREY LIST
Ahead of Papua New Guinea’s scheduled mutual evaluation by the Asia- Pacific Group on Money-Laundering’s (APGML) next year, serious concerns have now been raised by watchdog agencies regarding the need for urgent collaborative action to improve anti-money laundering enforcement to prevent PNG from slipping back into the APGML grey list.