The fallout from blacklisting because of non-compliance with international requirements can be “quite significant” for countries like Guyana, according to a UK expert in this area John McKendrick QC.
He told Stabroek News in an exclusive interview last week that while the Caribbean Financial Action Task Force (CFATF) may see the passage of long-stalled anti money laundering legislation here as a step in the right direction it would also likely want assurances that the relevant institutions will function and be properly resourced.
McKendrick, a barrister-at-law, who has done extensive work in the areas of public procurement, economic growth and the rule of law,
