The government yesterday released its five-year national strategy to combat money laundering (ML) and the financing of terrorism (TF) with a key feature being enhancing the capabilities of the Financial Intelligence Unit (FIU) and improving the investigating and prosecuting competencies here.
“This National Policy and Strategy is a five-year plan that aims to further enhance and improve Guyana’s AML/CFT/PF [Anti-Money Laundering/Countering the Financing of Terrorism/Financing the Proliferation of Weapons of Mass Destruction] regime by addressing the risks identified in Guyana’s Second NRA [National Risk Assessment] Report and implement the strategy in conjunction with Guyana’s Risk Based Action Plan”, according to the document released yesterday by the Attorney General Anil Nandlall who stated that government had approved it at the Cabinet level.