Asia/Pacific Group on Money Laundering
The Asia/Pacific Group on Money Laundering (APG) was established in February 1997 at the Fourth Asia/Pacific Money Laundering Symposium in Bangkok. The APG work mandate is set out in a document containing specific Terms of Reference for the Group which are being revised on a regular basis.
The APG is an autonomous regional anti-money laundering body which determines its own polices and practices in combating money laundering and financing of terrorism using the FATF 40+9 Recommendations as its primary guideline for the implementation of effective anti-money laundering and counter-financing of terrorism measures.
According to the Terms of Reference the APG develops a Strategic Plan every three years that is to be endorsed by all members. The Strategic Plan sets out the APG’s mission and goals for each three-year period. The Group also develops an annual Business Plan that is to be endorsed by all members and sets out in greater detail the work program of the APG.
Administrative and technical support for the Group is provided by the APG Secretariat, which also provides assistance to member-states and other countries in implementation of anti-money laundering international standards, in particular, the FATF 40+9 Recommendations.
All decisions of the Group are made at the APG meetings, which are held at least once a year.
APG conducts annual typologies workshops where the methods and trends on money laundering and financing of terrorism are studied.
To enable the work and to address different issues of the APG activities, Working Group and ad hoc committees may be formed.
APG has the status of Associate Member within the FATF.
APG Members
- Afghanistan
- Australia
- Bangladesh
- Brunei Darussalam
- Cambodia
- Canada
- China
- Chinese Taipei
- Cook Islands
- Fiji Islands
- Hong Kong, China
- India
- Indonesia
- Japan
- Republic of Korea (South Korea)
- Lao People's Democratic Republic
- Macao, China
- Malaysia
- Maldives
- The Marshall Islands
- Mongolia
- Myanmar
- Nauru
- Nepal
- New Zealand
- Niue
- Pakistan
- Palau
- Papua New Guinea
- The Philippines
- Samoa
- Singapore
- Solomon Islands
- Sri Lanka
- Thailand
- Timor Leste
- Tonga
- United States of America
- Vanuatu
- Vietnam
APG Observer states
- Kiribati
- France
- United Kingdom
APG Observer organization
- ADB/OECD Anti-Corruption Initiative for Asia-Pacific
- Asia Pacific Economic Cooperation (APEC) Secretariat
- Asian Development Bank (ADB)
- Associations of Southeast Asian Nations (ASEAN) Secretariat
- Carribean Financial Action Task Force (CFATF)
- Commonwealth Secretariat
- Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism of the Council of Europe (MONEYVAL)
- Egmont Group of Financial Intelligence Units
- Financial Action Task Force on Money Laundering (FATF)
- International Monetary Fund (IMF)
- Interpol
- Middle East and North Africa Financial Action Task Force (MENAFATF)
- Oceania Customs Organisation (OCO)
- Offshore Group of Banking Supervisors (OGBS)
- Pacific Financial Technical Assistance Centre (PFTAC)
- Pacific Islands Forum Secretariat (PIFS)
- Financial Action Task Force on Money Laundering in South America (GAFISUD)
- United Nations Office on Drugs and Crime (UNODC)
- World Bank
- World Customs Organisation (WCO)