Still no deal on anti-money laundering bill

– committee to meet again tomorrow

Last minute efforts to have the Anti-Money Launder-ing Countering the Financing of Terrorism (AML/CFT) (Amendment) Bill re-introduced and passed in the National Assembly yesterday failed, prompting yet another agreement by committee members to meet tomorrow to conclude work – one day before FATF’s plenary concludes.

The meeting might be a little too late though, as the Financial Action Task Force (FATF) plenary is scheduled to conclude on Thursday, and the next National Assembly sitting is set for February 27, although House Speaker Raphael Trotman noted that a request could be made for a special sitting.

After a seven-hour meeting on Sunday, a six-hour meeting on Saturday,  …..To continue reading, login or subscribe now.

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