Key facts
- FATF said it could consider further measures against Myanmar if financial safeguard shortcomings were not remedied by its deadline.
- Analysts said Myanmar's reluctance to address international concerns may be a greater obstacle to recovery than tougher restrictions.
The Financial Action Task Force, the global money-laundering and terrorist-financing watchdog, warned on October 30 that it could consider further measures against Myanmar if the country failed to remedy shortcomings in its financial safeguards by a deadline the report did not state.
Analysts said Myanmar's military-backed government may find its reluctance to address the international community's concerns a greater obstacle to economic recovery than the threat of tougher international financial restrictions.