U.S. Department of State
Statement by Richard Boucher, Spokesman
January 2, 2001
U.S. - Panama Technical Talks
A team of U.S. Government agency officials is visiting Panama at the request of Panama's government from January 3-5, 2001 to conduct technical talks with Panamanian officials. The purpose of these discussions is to better understand Panama's recent anti-money laundering reforms and offer advice on implementing these reforms. Panama's new anti-money laundering measures are encouraging progress toward meeting international norms of cooperation against money laundering, but as with all such measures, comprehensive and effective implementation is key to their success. This interagency team, which includes representatives from the U.S. Departments of Treasury and Justice and the Federal Deposit Insurance Corporation, can provide Panama with expert counsel on implementation.
This team does not represent the Financial Action Task Force on Money Laundering - a multilateral entity comprising 29 countries and two international organizations. Questions pertaining to Panama's status on the Financial Action Task Force list of non-cooperative countries and territories should be addressed to the Financial Action Task Force itself.
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