Macau, AML Group Positive Ratings
The Asia Pacific Money Laundering Group (APG) gave a positive review of Macau’s anti-money laundering efforts. The Financial Intelligence Agency’s statement, contained in the Mutual Assessment Report (MER), which assesses jurisdictions based on anti-money laundering and anti-terrorism financing (AML/CFT) measures, says “License controls are strong in Macau gaming for both concessors/concessors and junket promoters,” according…