N. Korea lambasts money-laundering watchdog over renewed 'high-risk' label

Korea Times News ·
International Sanctions North Korea

North Korea on Friday denounced the intergovernmental anti-money laundering body for keeping Pyongyang on its blacklist, claiming the agency serves the United States' hostile policy toward it. At a meeting in Paris in late October, the Financial Action Task Force (FATF) decided to keep the North on its list of a "high-risk jurisdiction subject to a call for action." The designation applies to…

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