Jamaica Awaiting Assessment After Addressing Issues Flagged By FATF radiojamaicanewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radiojamaicanewsonline.com Daily Mail and Mail on Sunday newspapers.
JAMAICA PLANS to develop an offshore company registry as its next step in the process to attract a portion of the funds that flow to International Financial Service Centres (IFSC) like the Cayman Islands, Switzerland, and others. “The Companies...
Jamaica to build offshore company registry stabroeknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stabroeknews.com Daily Mail and Mail on Sunday newspapers.
DESPITE Jamaica making significant strides in strengthening its Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) regime, the Financial Action Task Force (FATF) has set a new deadlin...
In as much as Jamaica is an attractive destination for foreign direct investment, the Government is moving ahead with plans to strengthen the legislative framework to enhance the country’s pro...
he House of Representatives, on Tuesday February 1, approved the Terrorism Prevention (Designated Reporting Entity) (Trust and Corporate Services Providers) Order, 2022.
The designation aims to strengthen the country’s financial and n
nhartnell@tribunemedia.net
THE attorney general has voiced optimism the financial services industry will go “from strength to strength” after The Bahamas’ efforts to shore up its anti-financial crime regime gained global approval.
Carl Bethel QC, hailing the two-year “team effort” that secured the country’s removal from the Financial Action Task Force’s (FATF) enhanced surveillance initiative, told Tribune Business that its newly-secured status as a fully compliant represented a “good selling point” for the sector in attracting new business.
Speaking after the FATF, the global standard-setter on anti-money laundering and counter-terror financing issues, certified on Friday that The Bahamas merited delisting after addressing previous weaknesses in its regulatory regime, Mr Bethel pledged that authorities will “not celebrate the glow of this moment and go back to sleep”.