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.

Join the Conversation

After you comment, click Post. If you're not already logged in you will be asked to log in or register.

The Comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit/delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity. We moderate ALL comments, so your comment will not be published until it has been reviewed by a moderator.