Introduction
Over the last two weeks, there were some interesting exchanges between the Government and the Opposition political parties on the proposed amendments to the Anti-Money Laundering and the Countering of Terrorism (AML/CFT) Act 2009. The Government is keen to have the legislation passed before 27 May 2013 at which date the Caribbean Financial Action Task Force (CFATF) will be meeting in Nicaragua to discuss, among others, Guyana’s progress in strengthening its money laundering legislation. The FATF is an inter-governmental body with responsibility for developing and promoting national and international policies to combat money laundering and terrorist financing.
Today, we examine Guyana’s efforts to address the issue of money laundering and terrorist financing,
