Standards Training on Financial Compliance for Grenada
Fifty professionals from various agencies of Grenada’s legal, law enforcement, and financial sector now have a better understanding of the Financial Action Task Force’s (FATF) 40 Recommendations. This was through the Standards Training to Grenada delivered from 11th to 13th June 2019 by the Caribbean Financial Action Task Force (CFATF) through the 11th European Development Fund (EDF) Project ‘Implementation of the Mutual Evaluation Programme’. The initiative is aimed at assisting countries with the development of the expertise necessary for their compliance with the international requirements to combat Money Laundering and Terrorism Financing.
This event is one of a series of trainings and seminars aimed at assisting CARIFORUM Member States in preparing for their Mutual Evaluations, which are peer-to-peer assessments. One of the basic components of Mutual Evaluations is to ensure that the legal framework of jurisdictions is in place and in addition, that frameworks are effective in achieving defined outcomes according to the FATF’s requirements.
This session was held at the Grenada National Stadium’s VIP suite and facilitated by staff of the CFATF Secretariat; Mrs. Joanne Daniel, Deputy Executive Director, Mr. Jefferson Clarke, Law Enforcement Advisor and Mr. Roger Hernandez, Financial Advisor. Opening remarks for the sessions were given by the Honourable Darshan Ramdhani Attorney General and Chairman of the AML/CTF Commission of Grenada. Mr. Edvin Martin Acting Commissioner of Police, Mr. Tafawa Pierre, Head of the Financial Intelligence Unit and Members of Grenada’s AML/CTF Commission were also amongst attendees of the training.
For more information about the Project ‘Implementation of the Mutual Evaluation Programme’ please visit the 11th EDF website (https://11edf.cfatf-gafic.org/) or email us at firstname.lastname@example.org.