CARICOM Heads to discuss Guyana’s non- passage of AMLCFT

CARICOM LOGOGeorgetown: The Caribbean Community says it is extremely worried over the non-passage of the Anti-Money Laundering and Countering the Financing of Terrorism (Amendment) Bill and has formally written to Guyana, expressing the Community’s deep concern at the wider implications for the region.

In a letter dated March 7, 2014, to President Donald Ramotar, Barbados’ Prime Minister Freundel Stuart said, “without any doubt, this situation and the threatened action by CFATF will affect Guyana and the entire Caribbean region, and will negatively impact the well-being of our people.”

“I trust that during our inter-sessional meeting we will be able to discuss this matter in caucus, and see what other action we can take as a group to assist Guyana at this juncture.”