Myanmar put on terror financing watchdog FATF's 'black list'

Global money laundering and terror financing watchdog Financial Action Task Force (FATF) has 'blacklisted' Myanmar for "continued lack of progress" by the military junta. The watchdog also called on member countries to apply enhanced due diligence to business relations and transactions in Myanmar. The FATF "black list" consists of just two other countries, Iran and North Korea.