~St. Maarten has until November to enforce anti-money laundering legislation~
Port of Spain TRINIDAD:---The Caribbean Financial Action Task Force (CFATF) has given Sint Maarten until November 2019 to enforce legislation to combat money laundering and financial terrorism as Sint Maarten was borderline of receiving a “Public Statement” for non-compliance with the Financial Action Task Force’s 40 recommendations against Money Laundering and Terrorism Financing.
The CFATF is an organization of twenty-five jurisdictions of the Caribbean Basin Region, which have agreed to implement the international standards on Combatting Money Laundering and the Financing of Terrorism & Proliferation (The FATF Recommendations). In
To read more: http://www.smn-news.com/st-maarten-st-martin-news/32013-minister-de-weever-averts-island-from-a-public-statement.html
