Saying that Guyana has failed to meet the requirements of the Financial Action Task Force (FATF) and remains a non-compliant jurisdiction, the opposition PPP/C is calling for further amendments to the Anti-Money Laundering/ Countering the Financing of Terrorism (Amendment) Act.
Opposition Chief Whip Gail Teixeira told reporters yesterday that given the recommendations that came out of the October Plenary held in Paris, it was clear that more work is necessary at the legislative level to bring Guyana into compliance. “The bill has to be returned to the House with additional amendments or corrections or as guided by the CFATF (Caribbean Financial Action Task Force), the regional body that has been assisting Guyana on behalf of FATF and the FATF itself,” she said at a press briefing at Freedom House.
Teixeira did not say whether the opposition would be tabling any amendments and only said that the
