Report to the Asia/Pacific Group on Money Laundering (APG)

ADB continues to provide technical assistance (TA) to a number of its members to enhance their Anti-Money Laundering/Combating the Financing of Terrorism regimes. This work is undertaken in accordance with ADB's policy on Enhancing the Asian Development Bank's Role in Combating Money Laundering and the Financing of Terrorism. The policy requires ADB to: (i) assist DMCs to establish and implement effective legal and institutional systems for AML/CFT, (ii) increase collaboration with other international and donor organizations, (iii) strengthen internal controls to safeguard ADB's funds, and (iv) upgrade ADB's staff capacity. This report, submitted to the Asia/Pacific Group on Money Laundering, provides an overview of ADB's activities connected to Anti-Money Laundering/Combating the Financing of Terrorism.