THE Caribbean Financial Action Task Force (CFATF) Assessment Team, on Monday, commenced the Fourth Round Mutual Evaluation of Guyana’s Anti-money Laundering/Countering the Financing of Terrorism/Countering Proliferation Financing (AML/CFT/CPF) as part of the country’s international compliance obligations under the Financial Action Task Force’s (FATF) Standards and Methodology.
According to a release from the Attorney-General Chambers, the Assessment Team, which arrived in Guyana over the weekend, is led by Avelon Perry, Financial Adviser of the CFATF. He is being assisted by Sunita Ramsumir, Co-Mission leader Legal Adviser of the CFATF.
The other members of the Assessment Team are regional professionals in the AML/CFT/CPF Framework including Shana Donavan, Financial Assessor, Cayman Islands; Teron Greenidge, Law Enforcement Assessor, Grenada; Nikala Bazil, Financial Assessor, Dominica and Cassandra Seetahal, Legal Assessor.
The on-site assessment will be conducted from September 4 to September 15, 2023, during which the Assessment Team will interview various ministers, officials and heads of agencies including from the Attorney-General Chambers and the Ministry of Legal Affairs, the Ministry of Finance, the Ministry of Parliamentary Affairs and Governance, the Ministry of Natural Resources, the Ministry of Home Affairs, the Judiciary, the Office of the Director of Public Prosecutions and the Office of the Commissioner of Police.
Other agencies which will be engaged during the process include the Guyana Revenue Authority, the Deeds and Commercial Registry, the Central Bank of Guyana, the Guyana Securities Council, the Guyana Police Force, the Customs Anti-Narcotic Unit, the Guyana Geology and Gold Mines Commission, the Guyana Gold Board, Real Estate Associations, local banks, insurance companies, accountants, cambios, among others.
The Assessment Team held a high-level introductory meeting on Monday at the Marriott Hotel. In attendance were the Attorney-General and Minister of Legal Affairs, Mohabir Anil Nandlall SC.; Minister of Parliamentary Affairs and Governance, Gail Teixeira; Senior Minister with Responsibility for Finance, Dr. Ashni Singh; Minister of Home Affairs,
Robeson Benn and Minister of Natural Resources, Vickram Bharrat, along with various heads of agencies.
