Treasury has made a statement on money laundering controls in overseas jurisdictions. The statement covers the Financial Action Task Force (FATF) statement of 22 October and Treasury's support for FATF's conclusions, which include noting the severe deficiencies in the AML regimes of Iran and North Korea as well as other jurisdictions which could improve their laws. It finally notes a newly adopted FATF report on Argentina, which says there are serious concerns over its AML/CFT regime.