Guyana’s progress on strengthening anti-money laundering legislation to be examined this month in Nicaragua

Guyana’s progress in implementing recommendations to strengthen anti-money laundering legislation will be examined later this month in Nicaragua and government’s tabling of amendments to the law is seen as rushed as Georgetown could face increased scrutiny and foreign investment could be affected.

It has been four years since the Anti-Money Laundering and Countering of Terrorism law was enacted and government has faced criticism that the provisions are not being implemented.