KEY western nations – the United States, Britain, Canada and the European Union – yesterday issued a statement, welcoming the “willingness demonstrated by all parties” to move Guyana towards compliance with international Anti-Money Laundering/Combatting the Financing of Terrorism (AML/CFT) standards, including updated legislation and enhanced investigative capacity.“To that end, we have met with all stakeholders, including those from government, opposition, civil society, and the private sector on many occasions since 2012. Our governments are, and will continue to be, actively engaged to support effective implementation of AML/CFT legislation and prosecution of money launderers and financers of terrorism,” said diplomats from the ABCE countries in a joint statement. 

“We encourage all stakeholders to work together to finalize AML/CFT legislation and ensure its effective implementation in order to prevent and combat money laundering and terrorist financing, as well as to avoid the serious consequences that would arise from black-listing by the FATF,” said the brief statement which from D. Brent Hardt, Ambassador of the United States of America; Andrew Ayre, High Commissioner of the United Kingdom; Nicole Giles, High Commissioner of Canada; and Robert Kopecky, Ambassador of the European Union.