Gov’t to seek extension for anti-money laundering reforms

Anil Nandlall

The government will be seeking an extension for compliance with recommendations to strengthen the anti-money laundering laws, after the administration’s failure to win the opposition’s support to fast-track the passage of amendments ahead of a review by the Caribbean Financial Action Task Force (CFATF) in Nicaragua beginning next Monday.

Attorney General Anil Nandlall will be heading Guyana’s delegation at the CFATF meeting, where he will be making appeals for an extension to fulfil the stipulated requirements to ensure Guyana’s financial and legislative compliance with international regulations,