Abstract� Designated Nonfinancial Business and Professions (DNFBPs) comprised professionals such as lawyers, accountants, company secretaries and real estate agents who are classified as reporting institutions by the international agency Financial Action Task Force (FATF). As reporting institutions, DNFBPs are expected to comply to the requirements of FATF Recommendations which include the need to (i) conduct due diligent on their clients, (ii) maintain proper records and documentation of related transactions for at least six years and (iii) submit a suspicious transaction report to the Competent Authority, who is in charge of anti-money laundering regime of a country. In trying to examine the role of DNFBPs, this study analyzes the latest Mutual Evaluation reports of countries within the Asia Pacific Region. The Asia Pacific Group on Money Laundering (Also known as APG) assesses the level of compliance of these countries on the stipulated FATF�s 40 + 9 Recommendations. Specifically, the DNFBPs need to comply with five major recommendations (i.e. Recommendations 12, 16, 17, 20, 24 and 25). In general, the findings show low level of compliance for these standards, implicating either lack of awareness or poor enforcement by the regulators.

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