Anti-Money Laundering/Combatting the Financing of Terrorism (AML/CFT) Officer in the Attorney General’s Office, Mr. Rommel St. Hill, delivered the opening remarks at CFATF’s Standards Training for Guyana. This event was held from 9th to 13th January 2023 via the Zoom virtual meeting platform. The seventy participants included personnel from various authorities including the FIU of Guyana, The Bank of Guyana (BOG), Guyana Securities Commission, Guyana Revenue Authority, the Police Service and SOCU, The Office of the Attorney General, the DPP and Guyana Gold Board.
The Standards Training was conducted by the Caribbean Financial Action Task Force (CFATF) through the support of the 11th European Development Fund (EDF) via the Project ‘Implementation of the Mutual Evaluation Programme’ aimed at building capacity during the region’s Fourth Round of Mutual Evaluations. Guyana’s on-site assessment is scheduled for September 2023 and this training covered key topics including but not limited to beneficial ownership, law and enforceable means, money laundering offences and confiscation. The presenters included CFATF’s Financial Advisor, Ms. Avelon Perry, Legal Advisor Ms. Sunita Ramsumair and Law Enforcement Advisor Mr. Jefferson Clarke.
The objective of the training was to better prepare Guyana to demonstrate their compliance with and effective implementation of the Financial Action Task Force’s (FATF) Forty Recommendations, which are aimed at combating money laundering, terrorism financing and proliferation financing.
