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Taiwan was the only one of 10 jurisdictions removed from the watchlist following a conference of the Asia Pacific Group on Money Laundering (APG) held in Sri Lanka last week, Deputy Justice Minister Tsai Pi-chung told Reuters on Wednesday.
Updated : Jul 26, 2017, 12:47 PM IST
Taiwan has been removed from a regional watchlist of jurisdictions deemed to have inadequate anti-money laundering controls, a senior official told Reuters, adding that the step reflected the island's determination to carry out reforms.
Taiwan was the only one of 10 jurisdictions removed from the watchlist following a conference of the Asia Pacific Group on Money Laundering (APG) held in Sri Lanka last week, Deputy Justice Minister Tsai Pi-chung told Reuters on Wednesday.
The APG did not immediately respond to a Reuters' request for comment.
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