Popular Post webfact Posted September 1, 2021 Popular Post Share Posted September 1, 2021 Picture: Naew Na The Asia-Pacific Group on Money Laundering (APG) has assessed Thailand's efforts as meeting international standards, reported Naew Na. They were referring to the activities of AMLO or the Anti-Money Laundering Office. It's secretary-general Pol Maj-Gen Piyapun Pingmuang said that the APG rating for his organisation under their four criteria of effectiveness had risen from 56.18% in 2017 to 61.15% this year. The four criteria considered are dealing with foreign countries with risk of money laundering, terrorist and electronic funds transfer regulations, measures of representative financial institutions and reports made of suspicious avtivites. The AMLO chief also praised his organisation's efforts in combatting the trade in illegal wildlife trafficking saying that AMLO had seized 300 million baht in assets. -- © Copyright ASEAN NOW 2021-09-01 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates 13 Link to comment Share on other sites More sharing options...
Popular Post Karma80 Posted September 1, 2021 Popular Post Share Posted September 1, 2021 And this article will be the most ironic thing you read today. I should get back to washing my supercars. 7 2 10 Link to comment Share on other sites More sharing options...
Popular Post RotBenz8888 Posted September 1, 2021 Popular Post Share Posted September 1, 2021 11 minutes ago, webfact said: The Asia-Pacific Group on Money Laundering (APG) Anyone knows if they are for real? 3 2 Link to comment Share on other sites More sharing options...
tomacht8 Posted September 1, 2021 Share Posted September 1, 2021 (edited) Unclear information. How much of assets was seized in total and in what period of time? A total of 300 million baht would be then really nothing. Edited September 1, 2021 by tomacht8 1 1 Link to comment Share on other sites More sharing options...
Popular Post Rampant Rabbit Posted September 1, 2021 Popular Post Share Posted September 1, 2021 34 minutes ago, webfact said: 56.18% in 2017 to 61.15% this year. Gasppppppppppppppppppppp! 1 1 2 Link to comment Share on other sites More sharing options...
Rampant Rabbit Posted September 1, 2021 Share Posted September 1, 2021 20 minutes ago, RotBenz8888 said: Anyone knows if they are for real? You know how the Police investigate themselves........ 1 1 Link to comment Share on other sites More sharing options...
Gandtee Posted September 1, 2021 Share Posted September 1, 2021 10 minutes ago, Rampant Rabbit said: Gasppppppppppppppppppppp! I'm very impressed.???? Link to comment Share on other sites More sharing options...
Bluespunk Posted September 1, 2021 Share Posted September 1, 2021 45 minutes ago, webfact said: It's secretary-general Pol Maj-Gen Piyapun Pingmuang said that the APG rating for his organisation under their four criteria of effectiveness had risen from 56.18% in 2017 to 61.15% this year. Damned by faint praise indeed. Link to comment Share on other sites More sharing options...
realfunster Posted September 1, 2021 Share Posted September 1, 2021 Best eaten with several large pinches of salt. 1 1 Link to comment Share on other sites More sharing options...
Will B Good Posted September 1, 2021 Share Posted September 1, 2021 (edited) 50 minutes ago, webfact said: The four criteria considered are dealing with foreign countries with risk of money laundering, terrorist and electronic funds transfer regulations, measures of representative financial institutions and reports made of suspicious avtivites. What about 5 criteria and include Indian tailor's shops in BKK? Edited September 1, 2021 by Will B Good 1 Link to comment Share on other sites More sharing options...
Popular Post RJRS1301 Posted September 1, 2021 Popular Post Share Posted September 1, 2021 Obviously they did not include an audit of ALL police and politicians or their overseas holdings 3 1 Link to comment Share on other sites More sharing options...
Popular Post worgeordie Posted September 1, 2021 Popular Post Share Posted September 1, 2021 Make it more difficult for the small guy to move a few bob around , while the really corrupt people, drug dealers , seem to have no trouble moving their ill gotten gains around, or displaying wealth way beyond what the should have legally........no problem. regards Worgeordie 3 Link to comment Share on other sites More sharing options...
Misty Posted September 1, 2021 Share Posted September 1, 2021 As the owner of a regulated financial company that is under direct oversight of AMLO - from my own experience - I'd say they do a pretty good job. AMLO's interaction with us has been good, helpful & professional. There may be problems with the unregulated companies that operate in the same space, however. 1 Link to comment Share on other sites More sharing options...
Gandtee Posted September 1, 2021 Share Posted September 1, 2021 2 minutes ago, Misty said: As the owner of a regulated financial company that is under direct oversight of AMLO - from my own experience - I'd say they do a pretty good job. AMLO's interaction with us has been good, helpful & professional. There may be problems with the unregulated companies that operate in the same space, however. I'm sure you are right. But are they looking in the areas of what would appear to be the heart of money laundering of ill gotten gains. I leave you to take a guess at whom these could possibly be. Link to comment Share on other sites More sharing options...
Misty Posted September 1, 2021 Share Posted September 1, 2021 8 minutes ago, Gandtee said: I'm sure you are right. But are they looking in the areas of what would appear to be the heart of money laundering of ill gotten gains. I leave you to take a guess at whom these could possibly be. It's a big world out there. If you do a search on the Offshore Leaks Database, you get over a thousand entities that are organized in other jurisdictions, but that have links here: 1 Link to comment Share on other sites More sharing options...
BKKTRAVELER Posted September 1, 2021 Share Posted September 1, 2021 They finally met the international standards of the Cayman Islands, Isle of Man, British Virgin Islands, Macau, Switzerland and the likes! Well done guys and welcome to the club ???? 1 Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted September 1, 2021 Share Posted September 1, 2021 Thai law allow the policeman / officer who confiscated ill gotten assets to obtain 25% of the value, while thesnitch can keep 30%. this should beremembered as a warning by all expats who move money to thailand. google : dutch man 100 years jail thailand 1 1 1 Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted September 1, 2021 Share Posted September 1, 2021 1 hour ago, Misty said: There may be problems with the unregulated companies that operate in the same space, however. All those money laundry regulations are an expression of global one world government which is led mostly by the U.S. and GERMANY, and as far as i recall, those two countries are the largest producers and distributors of porn films, as well as the biggest consumers of all kinds of drugs, not to mention few horrific world wars here and there, so god help us all with such global police. their aim is not really to clean and purify the world because they are the main source of filth and corruption on this planet. their goal is sheer control and rule over anything that moves. 1 1 Link to comment Share on other sites More sharing options...
Phuketshrew Posted September 1, 2021 Share Posted September 1, 2021 I wonder how big the brown envelope was to get the APG to say that? 1 Link to comment Share on other sites More sharing options...
Will B Good Posted September 1, 2021 Share Posted September 1, 2021 14 minutes ago, SCOTT FITZGERSLD said: All those money laundry regulations are an expression of global one world government which is led mostly by the U.S. and GERMANY, and as far as i recall, those two countries are the largest producers and distributors of porn films, as well as the biggest consumers of all kinds of drugs, not to mention few horrific world wars here and there, so god help us all with such global police. their aim is not really to clean and purify the world because they are the main source of filth and corruption on this planet. their goal is sheer control and rule over anything that moves. CCP? 1 Link to comment Share on other sites More sharing options...
ukrules Posted September 1, 2021 Share Posted September 1, 2021 Isn't this the office which hassles people who send more than a few million Baht in a wire? Link to comment Share on other sites More sharing options...
RJRS1301 Posted September 1, 2021 Share Posted September 1, 2021 45 minutes ago, ukrules said: Isn't this the office which hassles people who send more than a few million Baht in a wire? That's the one 1 1 Link to comment Share on other sites More sharing options...
metisdead Posted September 1, 2021 Share Posted September 1, 2021 A post using an oversized trolling emoji and a reply has been removed. Link to comment Share on other sites More sharing options...
Dont confuse me Posted September 1, 2021 Share Posted September 1, 2021 By the time all the sticky fingers have been in the pie there's normally nothing left to launder. There must be an argument against Jo for laundering money? I mean 29 cars (one for every day of the week, February leap years!) This country is a joke an absolute den of thieves. Link to comment Share on other sites More sharing options...
natway09 Posted September 1, 2021 Share Posted September 1, 2021 The head of this organization based on Sathorn Road should make a Top Brass Police position's "personal weath" small change" See, I am beginning to understand how it works Link to comment Share on other sites More sharing options...
Burma Bill Posted September 1, 2021 Share Posted September 1, 2021 6 hours ago, webfact said: Asia-Pacific Group on Money Laundering (APG) For reference (Wikipedia):- APG has two Co-Chairs: one permanent and one two-year term rotating Co-Chair. The permanent Co-Chair is Australia, represented by Deputy Commissioner Ian McCartney (2019), Australian Federal Police, and the current rotating Co-Chair is Malaysia, represented by Mr. Marzunisham Omar (2020), Deputy Governor of the Central Bank of Malaysia [1]. Members;- (some interesting ones when it comes to money laundering!!) Afghanistan Australia Bangladesh Bhutan Brunei Darussalam Cambodia Canada China Cook Islands Fiji New Zealand Hong Kong India Indonesia South Korea Laos Macau Japan South Korea Maldives Marshall Islands Malaysia Mongolia Myanmar Nauru Niue Pakistan Palau Papua New Guinea Philippines Samoa Singapore Solomon Islands Sri Lanka Taiwan Thailand Timor-Leste Tonga United States Vanuatu Vietnam Link to comment Share on other sites More sharing options...
RJRS1301 Posted September 1, 2021 Share Posted September 1, 2021 9 minutes ago, Burma Bill said: For reference (Wikipedia):- APG has two Co-Chairs: one permanent and one two-year term rotating Co-Chair. The permanent Co-Chair is Australia, represented by Deputy Commissioner Ian McCartney (2019), Australian Federal Police, and the current rotating Co-Chair is Malaysia, represented by Mr. Marzunisham Omar (2020), Deputy Governor of the Central Bank of Malaysia [1]. Members;- (some interesting ones when it comes to money laundering!!) Afghanistan Australia Bangladesh Bhutan Brunei Darussalam Cambodia Canada China Cook Islands Fiji New Zealand Hong Kong India Indonesia South Korea Laos Macau Japan South Korea Maldives Marshall Islands Malaysia Mongolia Myanmar Nauru Niue Pakistan Palau Papua New Guinea Philippines Samoa Singapore Solomon Islands Sri Lanka Taiwan Thailand Timor-Leste Tonga United States Vanuatu Vietnam I expect after this week Afghanistan will no longer hold membership. 1 Link to comment Share on other sites More sharing options...
Misty Posted September 1, 2021 Share Posted September 1, 2021 1 minute ago, RJRS1301 said: I expect after this week Afghanistan will no longer hold membership. Ahmal Ahmady, the former Acting Governor of Da Afghanistan Bank (central bank) fled Afghanistan on a US military flight on 15 Aug. He was pretty credible, from what I could tell. I doubt the Taliban will be able to muster his equivalent. Link to comment Share on other sites More sharing options...
SCOTT FITZGERSLD Posted September 1, 2021 Share Posted September 1, 2021 5 hours ago, Will B Good said: CCP? pps ! Link to comment Share on other sites More sharing options...
wensiensheng Posted September 1, 2021 Share Posted September 1, 2021 The article doesn’t really provide any comparative yardsticks. Versus countries like Philippines, Indonesia and Cambodia, I could see a score just above 60%, looking quite good. Against Singapore and HK, it probably looks miserable. the best I can say is that at least it improved. But imho, a score of 61% is nothing to shout about. 1 1 Link to comment Share on other sites More sharing options...
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