From August 24 to 29, 2025, the 27th Annual Meeting of the Asia/Pacific Group on Money Laundering (APG) was held in Tokyo, Japan. Japanese Minister of Finance Shunichi Kato attended and addressed the opening ceremony. Delegates from the People's Bank of China attended the meeting. Elisa de Anda Madrazo, President of the Financial Action Task Force (FATF), and Violaine Clerc, Secretary-General of FATF, were invited to the annual meeting.
The annual meeting discussed key internal governance issues, including the APG's long-term resource plan and secondment policy for APG personnel. It received the APG Work Report for 2024-2025, reviewed and adopted the APG budget for 2025-2026, and was briefed on the progress of technical assistance work in the Asia-Pacific region and the arrangements for the 2025 typologies research seminar. The annual meeting reviewed and approved the assessment reports on anti-money laundering (AML) and countering the financing of terrorism (CFT) for Niue and the Maldives, as well as the follow-up assessment reports for Myanmar and Vietnam. The meeting decided to complete APG's fourth-round global mutual evaluation on AML and adopted the APG Procedures for the Fifth Round of Global Mutual Evaluations on AML, thereby deciding to commence APG's fifth-round global mutual evaluation on AML. During the meeting, the APG also held a series of events including the AML/CFT Leadership Workshop and a seminar on Virtual Currencies and Virtual Asset Service Providers.
The annual meeting approved a new governance committee. It was also decided that Brunei will succeed Japan as the next APG Co-Chair in 2026. The term of the Brunei Co-Chair will commence at the 2026 annual meeting and conclude at the end of the 2028 annual meeting. Brunei will host the 28th APG Annual Meeting.