In its latest report, the Caribbean Financial Action Task Force (CFATF) has concluded that Guyana has significantly improved its overall compliance in establishing its anti-money laundering architecture, Attorney-General Basil Williams said yesterday, while adding that the country would have to report at the next plenary later this year due to the outstanding actions to be taken.
“Guyana should be commended for the improvement in compliance,” Williams read from the report yesterday during a press briefing at his office, where he said Guyana is seeking to exit the process very soon.
According to him, the CFATF 10th follow-up report, issued on May 13, cited the new developments in Guyana as the enactment of the Anti-Money Laundering and the Countering of the Financing of Terrorism (AML/CFT) (Amendment) Act 2016 and the
