Risk of delays in financial transactions following Myanmar's designation on the FATF blacklist

「In October 2022, the FATF (Note 7) designated Myanmar as a high-risk country or territory subject to a call for action, commonly known as the “blacklist,” and requested FATF member countries, including Japan, to apply enhanced customer due diligence. As stricter verification procedures at financial institutions may delay the execution of financial transactions, particularly those involving Myanmar, we will continue to monitor developments closely.」