Bankers voice concerns to anti-laundering committee

As locals banks face longer processing times for some international transactions, the Guyana Bankers Association on Wednesday expressed its concerns to the select committee reconstituted to work on the crucial anti-money laundering legislation.

Speaking to Stabroek News on Thursday, Guyana Bank of Trade and Industry (GBTI) CEO John Tracey said that the Association was invited to a meeting with the committee on Wednesday and is now required to submit a written presentation to the committee in less than two weeks.

Tracey explained that while the Association was able to register its concerns surrounding the non-passage of the Anti-Money Laundering/Countering