Guyana misses another money-laundering law deadline

Guyana yesterday missed the deadline to submit documents on anti-money laundering legislation to the Caribbean Financial Action Task Force (CFATF) and the private sector is concerned about the ramifications.

Attorney General (AG) Anil Nandlall, speaking on the issue in June, had said that August 26th was the date given by CFATF as the deadline for the submission of documents necessary to qualify Guyana for a review which is to take place in November.

The November review was decided on by CFATF after it found that Guyana had failed to take sufficient steps to address its concerns by the original May 27th deadline.

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