N. Korea commits to 'intl. standards' on money laundering, financing of terror



News N. Korea commits to ‘intl. standards’ on money laundering, financing of terror Statement could be effort to ease ongoing financial sanctions, observers say Chad O'Carroll January 16, 2015 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Money Fold Macro - Chris Potter - Creative Commons North Korea has declared it is committed to the combat of money laundering and financing of terror, a statement published by state media outlet the Korea Central News Agency (KCNA) said on Friday. Pyongyang, which is routinely suspected of raising state finances through illegal or sanctioned means, said the move was prompted by its "consistent stand to boost international cooperation" against money laundering and the financing of terror. North Korea has declared it is committed to the combat of money laundering and financing of terror, a statement published by state media outlet the Korea Central News Agency (KCNA) said on Friday. Pyongyang, which is routinely suspected of raising state finances through illegal or sanctioned means, said the move was prompted by its "consistent stand to boost international cooperation" against money laundering and the financing of terror. Become a member for less than $5.75 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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N. Korea commits to ‘intl. standards’ on money laundering, financing of terror

Statement could be effort to ease ongoing financial sanctions, observers say

Chad O'Carroll January 16, 2015

N. Korea commits to ‘intl. standards’ on money laundering, financing of terror

Money Fold Macro - Chris Potter - Creative Commons

North Korea has declared it is committed to the combat of money laundering and financing of terror, a statement published by state media outlet the Korea Central News Agency (KCNA) said on Friday.

Pyongyang, which is routinely suspected of raising state finances through illegal or sanctioned means, said the move was prompted by its "consistent stand to boost international cooperation" against money laundering and the financing of terror.

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Chad O'Carroll

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