2017-08-24 | 29524

FATF Advisory on Jurisdictions with Strategic AML/CFT Deficiencies

The Financial Action Task Force (FATF) issued this advisory to identify jurisdictions exhibiting strategic deficiencies in their anti-money laundering and counter-terrorist financing frameworks. The document requires affected jurisdictions to implement targeted corrective actions, strengthen regulatory oversight of critical sectors like banking and bureau de change operations, and enhance compliance monitoring mechanisms. Failure to adequately resolve these strategic deficiencies triggers enhanced due diligence measures by other member states, thereby impacting cross-border financial transactions.

Trinidad and Tobago

Central Bank of Trinidad and Tobago

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Banking Sector , Bureau de Change Supervision FATF Advisory on Jurisdictions with Strategic AML/CFT Deficiencies Share