Myanmar forms anti-money laundering central board

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Myanmar government has formed an anti-money laundering central board in a bid to effectively combat money laundering, according to the Ministry of Home Affairs Monday.

The Anti-Money Laundering Central Board was set up with 15 members and chaired by the minister of home affairs with the chief of Police Force as the secretary.

The central body is tasked to formulate policies on anti-money laundering and combating financial support for terrorism.