North Korea says it may review cooperation with FATF | NK News
July 20, 2024

North Korea says it may review cooperation with FATF

Letter from DPRK anti money laundering committee calls recent allegations on transparency 'unfair'

North Korea’s National Coordination Committee for AML/CFT (anti-money laundering and countering the financing of terrorism) sent a letter to the Financial Action Task Force (FATF) implying it may review its cooperation with the organisation, an article in DPRK media reads.

Kim Chon Gyun, vice-chairman of the DPRK’s money laundering organisation wrote the letter in response to a recent FATF communication which said North Korea poses a threat to the international financial system.

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.