Philippines business environment / Malaysia anti-laundering rules / Sri Lanka asset declaration

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Duterte tells Chinese businessmen to meet him if burdened by corruption in PH.  During the Philippine-China Business Forum, Duterte said he would not condone corrupt practices in government offices that handle foreign businessmen wanting to set up shop in the Philippines.

ABS-CBN News: https://news.abs-cbn.com/business/08/30/19/duterte-tells-chinese-businessmen-to-meet-him-if-burdened-by-corruption-in-ph 

 

Malaysia Is Revising Rules Against Money Laundering.  “The [country’s] central bank will publish a draft and seek feedback on the changes in September, Assistant Governor Adnan Zaylani Mohamad Zahid said…starting next year, the regulator is increasing its supervisory and enforcement of anti-money laundering compliance, with plans to pursue more deterrent action,”

Yudith Ho/Bloomberg: https://www.bloomberg.com/news/articles/2019-08-29/bank-negara-malaysia-to-revise-rules-against-money-laundering

 

Shedding light on incomes, assets and interests in Sri Lanka (Blog).  “Through [Transparency International-Sri Lanka] advocacy, asset declarations are also included in the second national action plan under Sri Lanka’s commitments to the Open Government Partnership (OGP). One of the specific commitments involves the establishment of an online asset declaration system to ease submission, verification and public access.”

Voices for Transparency: https://voices.transparency.org/shedding-light-on-incomes-assets-and-interests-in-sri-lanka-39d0dae4df7a

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