– CFATF report
Guyana has made significant progress in improving the understanding of laundering and terrorism financing risks, according to the recently published Caribbean Financial Action Task Force (CFATF) Mutual Evaluation Report (MER) and has been recognised for improvements made since the last evaluation.
The Attorney General’s Chambers last evening released the Executive Summary of the report but not the full report. It said that the report “is a very comprehensive and somewhat complex document”.
The report summarises the anti-money laundering/counter financing of terrorism (AML/CFT) measures in place in Guyana as at the date of the on-site visit from September 4 to 15, 2023. It analyses the level of compliance with the FATF’s recommendations, the level of effectiveness of Guyana’s AML/CFT system, and provides recommendations on how the system could be strengthened.