AS part of Government’s effort to ensure the passage of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Bill, several Town Hall type public meetings will be held to engage stakeholders.
The first meeting is billed for today at 5:30 pm at the Watooka Club in Linden. The next meeting is slated for tomorrow at the Berbice High School, starting at 4: 00pm. On Friday, Bartica residents will be afforded the opportunity to have their voices heard, at a 1:00 pm meeting scheduled for the St John the Baptist, RC School.The meetings are intended to inform and educate residents in communities about the AML/CFT Bill and the need for its passage. The Bill has not been passed in the National Assembly due to delay tactics of the political Opposition.
Guyana has to file a report with Caribbean Financial Action Task force (CFATF) by February 28, 2014 for their review and report to plenary members in May 2014. This report will include Guyana’s plan of action to correct its deficiencies as part of the ongoing process.
Guyana is expected to attach to that report the conclusions on the AML/CFT Amendment Bill No. 22, 2013 which is before the Parliamentary Special Select Committee and a copy of the said enacted Bill to be analysed, correlated to the deficiencies to provide the report to Plenary in May, 2014.