Gov’t commits to rectifying AML deficiencies at Paris meeting

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Attorney  General, Anil Nandlall
Attorney General, Anil Nandlall

[www.inewsguyana.com] – Guyana was reviewed by the Financial Action Task Force, International Co-operation Review Group FATF- ICRG, in Paris, France yesterday, Monday, October 20, the Government Information Agency (GINA) reported.

The country was represented at the review by Minister of Legal Affairs and Attorney General, Anil Nandlall, who in his presentation reiterated the country’s commitment to international financial legislation and reported that an action plan was worked out between Guyana and the Americas Regional Review Group (AARG) in which certain technical deficiencies were identified in Guyana’s AMLCFT regime and timeframes were agreed upon for these deficiencies to be rectified.

According to GINA, the Attorney General highlighted that a national task force has been established, comprising of high ranking members of government and important stakeholders/agencies of state.

He said the task force is currently reviewing a five-year plan for Guyana’s AMLCFT regime.

“I also highlighted the technical and strategic ongoing assistance which the Government of Guyana continues to receive from the local diplomatic community including the embassy of the United States, the British and Canadian High Commissions, and the European delegation,” the Attorney General said.

Minister Nandlall handed over a Letter of Commitment from President Donald Ramotar to President of the FATF, Roger Wilkins AO, pledging Guyana’s commitment to ensure that the country implements an AML/CFT regime that meets the requisite international standard.

Guyana’s’ case will continue to be reviewed over the next two days of the plenary session of the meeting, and at the end of that process, the country will know its fate.

 

1 COMMENT

  1. mooklall and some other opposition big wigs dont want financial laws passed..
    dem seh government want kill out dem press and dem freedom..
    peepin taam seh dis is bad…in ada words wha peepin taam saying is dat if u own a news media you can kill you can evade tax but police and revenue people must not investigate you..if dem investigate you it means gover want shut donk yuh bizness and kill press freedumb..mooklall dem rich bad fuh suh yeah.

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