Ramotar, Granger for talks in face of regional blacklisting over stalled anti-laundering bill

President Donald Ramotar and Opposition Leader David Granger are due for talks next Monday in wake of the call by the Caribbean Financial Action Task Force (CFATF) for countries in the region to step up countermeasures against Guyana over its failure to update its anti-money laundering legislation.

Although the regional body this week decided to refer Guyana to the international Financial Action Task Force (FATF), neither government nor the opposition parties have signaled a shift towards compromise for the passage of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) (Amendment) Bill. FATF is slated to hold its next Plenary in Paris, France from the 23rd to the 27th of next month.

In light of the CFATF calling on its members to step up countermeasures, President Donald Ramotar called on the opposition to “unconditionally” pass the bill, while taking no  …..To continue reading, login or subscribe now.



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