"The Financial Action Task Force (FATF) issued a press release November 3 calling upon its members to enhance surveillance and reporting of financial transactions involving Burma because of that country?s continued failure to take effective action against money laundering. The FATF identified Burma as a non-cooperative country or territory (NCCT) in the fight against money laundering in June of 2001. Since that time, Burma "has still not addressed major deficiencies in its anti-money laundering regime," the FATF said in the press release. In particular, Burma has failed "to establish a framework to engage in effective international cooperation in the fight against money laundering, and its anti-money laundering law continues to lack the implementing regulations necessary to make it enforceable." The FATF said that it will review the situation in Burma at its next plenary meeting in February of 2004..."