The government yesterday confirmed that Guyana has gotten a reprieve over the non-passage of crucial anti-money laundering reforms while warning opposition parties that the legislation must be updated before the end of month when a progress report is due to regional body, the Caribbean Financial Action Task Force (CFATF).
CFATF adviser Roger Hernandez had told Stabroek News on Thursday that no further action was recommended against Guyana by the Financial Action Task Force (FATF) over the stalled the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) (Amendment) Bill, following the conclusion of its plenary in Paris, France.
In a statement yesterday, the government said it had been advised that the FATF Plenary members on Thursday
