ANTIGUA MAKES STEADY PROGRESS ON AML/CFT – WITH NEW RISK ASSESSMENT UNDER PREPARATION SAYS FIU
August 12th, 2023
Antigua & Barbuda has been making steady progress building its AML/CFT system, although mutual evaluation reports and third-party assessments suggest the twin island nation needs to continue forging fresh protections. It has, however, not released conviction and prosecution data since 2016 – making its AML/CFT effectiveness tough to assess.
That said, it was one of the first countries in the Caribbean to reform its AML framework, said a report from UK-based compliance experts VinciWorks (1), highlighting reforms undertaken since 2008 following a Caribbean ...
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