The main opposition APNU yesterday signaled that it would push for the government’s proposed amendments to the anti-money laundering laws to be examined by a parliamentary select committee, in order to get political consensus and ensure what is passed is right for the country.
On April 22nd, government tabled the Anti-Money Laundering and Countering the Financing of Terrorism (Amendment) Bill 2013, specifically to meet a May 27th deadline to implement Financial Action Task Force on Money Laundering (FATF) recommendations to address weaknesses in the Act and related legislation.
“Any complex legislation, especially one with far reaching effects of this kind, should go automatically to a parliament[ary]
