On 2nd October, FATF-style regional body APG published the MER for these 3 countries.
- TAIWAN (referred to as Chinese Taipei, Taipei being the capital) – the on-site visit took place in November 2018.
- SOLOMON ISLANDS – the on-site visit took place in October/November 2018. The MER identified significant shortcomings in the Islands’ systems, including a “rudimentary” company registration system; CDD measures have significant technical deficiencies; limited supervision of institutions; lacking a legal framework with regards to targeted financial sanctions for terrorism financing, and has limited capability to identify terrorist organisations and terrorist networks; the level of confiscation is low and is not aligned with Solomon Islands’ money laundering risk profile. Its effectiveness ratings are poor.
- PAKISTAN – the on-site visit took place in October 2018 (and much discussion and negotiation has taken place subsequently). Its effectiveness ratings are poor.