No fallout noticed from T&T notice on Guyana
Anti-money laundering bill
Officials in Guyana’s private sector and banking system say they have noticed no fallout from a notice posted by the Financial Intelligence Unit (FIU) of Trinidad’s Ministry of Finance and Economy last week on Guyana’s anti-money laundering and financing of terrorism legislation deficiencies.
The notice was advertised in a daily newspaper last week and served as warning to the country’s institutions and businesses about Guyana. The move stems from the finding by the Caribbean Financial Action Task Force’s (CFATF) that Guyana’s Anti-Money Laundering Countering the Financing of Terrorism (AML/CFT) legislation is inadequate.