Georgetown : Chairperson of the Caribbean Financial Action Task Force (CFATF) and Attorney General of the Bahamas Allyson Maynard-Gibson will lead a visit by the regional body to Guyana tomorrow for discussions on the Anti-Money Laundering and Countering the Financing of Terrorism (AMLCFT) Bill. Maynard-Gibson will be accompanied by Executive Director of CFATF, Calvin Wilson.
The team will meet with both Government and Opposition members as a result of their concern over Guyana’s situation on anti-money laundering and its outcomes, and to re-emphasise the importance of a Caribbean Financial Action Task Force (CFATF) compliant bill.
Concerns are that the bill may not be passed by the time of the CFATF plenary, and it is hoped that the imminent meetings with the CFATF members would provide the message to the opposition about the importance of having the bill passed, and about the repercussions of the failure to do so.
Meanwhile, the select committee tasked with addressing the AML/CFT Bill met on Thursday evening for the first time since the interval to facilitate the 2014 Budget debates. In March, when the Committee met, Attorney General Anil Nandlall had submitted the counter amendments to the APNU’s adjustments prepared by the Chief Parliamentary Counsel.
