Private sector endorses commendation of gov’t over anti-laundering framework

The Private Sector Commission (PSC) says it has received the Staff Statement of the International Monetary Fund (IMF) with which the Commission met on March 16, 2017 as part of the Fund’s Article IV Consultations.

The PSC said it fully endorses the IMF’s commendation of the Government of Guyana’s efforts which resulted in the country being released from the monitoring list of the international Financial Action Task Force.

“The Private Sector Commission worked closely with the Hon. Attorney General and his team in the finalising of the Anti-Money Laundering and Counter-ing the Financing of Terrorism Bill, the passage of which was a major factor considered in the release from FATF monitoring, and the efforts of the Attorney General’s Chambers should be applauded.