Since its establishment in 1997 the APG has been growing in membership. From its original 13 founding members (see "Terms of Reference" under "About" button) it now consists of 41 active members making it the largest FATF-style regional body in the world. In addition, 10 members of the APG are also members of the Financial Action Task Force, namely: Australia; Canada; India; People's Republic of China; Hong Kong, China; Japan; Korea; New Zealand; Singapore; and the United States.
In June 1998, the United Nations General Assembly in its Political Declaration and Action Plan Against Money Laundering urged jurisdictions and regions throughout the world to apply the following principles by 2003:
Since this Declaration was issued, a number of other UN instruments, including the UN Convention Against Transnational Organized Crime and the UN Convention Against Corruption have added further obligations on states.
With respect to terrorist financing, in addition to the 1999 UN Convention on the Suppression of Terrorist Financing, some significant UN Security Council Resolutions have been issued since 1997, in particular, UN Security Council Resolutions 1267 and 1373. Those Resolutions, as well as the Convention, require countries to implement significant measures to criminalize terrorist financing, freeze terrorist funds and other property and impose sanctions against UN designated terrorist entities as well as terrorist entities of concern outside the UN list.
While these UN instruments are no doubt important, it is the international standards issued by the FATF which remain the key measures for APG members to implement as part of their legal, financial and law enforcement strategies to combat money laundering and terrorist financing. Now, well over a decade since its formation, most APG members have laws, regulations, administrative measures and other programmes designed to counter these threats.
For information on each member’s domestic laws and measures please click on the buttons to the left of this screen.