KUALA LUMPUR, Dec 11 — The Financial Action Task Force’s move to upgrade Malaysia’s status to “Regular Follow-Up” status, the highest category under the mutual evaluation process, reflects a whole-of-nation commitment and efforts, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour said today.

Global financial crime watchdog FATF and Asia/Pacific Group on Money Laundering (APG) in its Mutual Evaluation Report (MER) upgraded Malaysia to “Regular Follow-Up” for its anti-money laundering, countering terrorist financing and proliferation financing (AML/CFT/CPF) framework from “Enhanced Measures Regular Follow-Up” in 2015.