(15)In February 2020, the FATF identified Myanmar/Burma as a jurisdiction having strategic AML/CFT deficiencies for which Myanmar/Burma has developed an action plan with the FATF. The Commission assessed the latest information received in this context from the FATF relating to these deficiencies and other relevant information. The deficiencies include: (1) failure to demonstrate an improved understanding of money laundering risks in key areas; (2) failure to ensure the supervisory body for DNFBPs is sufficiently resourced, onsite/offsite inspections are risk-based, and hundi operators are registered and supervised; (3) failure to demonstrate enhancements in the use of financial intelligence in investigations by the law enforcement authorities, and insufficient operational analysis and disseminations by the FIU; (4) need to ensure that money laundering is investigated/prosecuted in line with risks; (5) failure to demonstrate investigation of transnational money laundering cases with international cooperation; (6) failure to demonstrate an increase in the freezing/seizing and confiscation of criminal proceeds, instrumentalities, and/or property of equivalent value; (7) deficiencies in managing seized assets to preserve the value of seized goods until confiscation; and (8) deficiencies in demonstrating implementation of targeted financial sanctions related to proliferation financing, including training on sanctions evasion. On this basis, Myanmar/Burma should be considered as a country having strategic deficiencies in its AML/CFT regime under Article 9 of Directive (EU) 2015/849.