Just months after passing key amendments to the anti-money laundering law, following a bitter three-year battle, the APNU+AFC administration is moving to make more changes.
The Order Paper for the next sitting of the National Assembly, scheduled for December 17th, lists for first reading the Anti-Money Laundering and Countering the Financing of Terrorism (Amendment) (No.2) Bill 2015.
Tabling of the bill will lend credence to arguments raised by the opposition PPP/C and others that the amendment bill passed by the government in June this year fell short of the complete requirements of the Financial Action Task Force (FATF), which has had Guyana under review for several years now.
Also down to be presented at Thursday’s sitting will be regulations to go with the anti-money laundering Act.
At the session, the government will also table the Anti-Terrorism and Terrorist Related Activities Bill 2015.
