Heartening that Guyana is off the hook with FATF blacklisting

TIMES INT'L

Dear Editor,

I am very much relieved to learn that Guyana is off the hook as regards the FATF blacklisting – at least for now.

A GINA report stated that this was largely due to the high-level of commitment of the Government, coupled with demonstrated actions made to address the technical deficiencies identified in the country’s AML/CFT regime.

However, Guyana will have to continue to be subjected to an “ongoing process in improving compliance” to ensure that it discharges its obligations under the Action Plan which was worked out with the Americans Regional Review Group (ARRG) and submitted as Guyana’s action plan.

Praise must be showered on Attorney General Anil Nandlall for his hard work before and during the Paris conference. I sincerely hope that every step be taken by lawmakers from both sides of the House to ensure that the requirements of the FATF are met.

Countries and territories are blacklisted by the FATF if they fail to cooperate in the glo

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