CFATF STEERING GROUP AND COUNCIL OF MINISTERS’ MEETINGS

Miami, Florida-September 11-12, 2018

The Honourable Basil Williams, S.C, M.P Chairman of the Caribbean Financial Action Task Force (CFATF) and Attorney General and Minister of Legal Affairs of Guyana  chaired the tenth meeting of the CFATF Council of Ministers. The CFATF Council of Ministers is the supreme authority within the CFATF and consists of ministerial representatives.  The Council of Ministers meet annually to decide on issues concerning financial, strategic and institutional matters of the CFATF. This includes the CFATF’s Strategic Plan, the Chairman’s Work Programme, the election of a Deputy Chairman, the audited financial statements and the 2019 Budget.

AML/CFT Standards training in Equatorial Guinea, a member of GABAC by CFATF and GAFILAT

From left to right: Juan Cruz Ponce, Technical Expert GAFILAT; Ana Folgar, Legal Advisor CFATF and Zenon Obiang, ANIF G.E. Director.

The National Financial Investigation Agency of Equatorial Guinea (ANIFGE), in coordination with the Caribbean Financial Action Task Force (CFATF) and the Financial Action Task Force of Latin America (GAFILAT), held the training seminar: International standards to combat money laundering, terrorist financing, and the financing of the proliferation of weapons of mass destruction from February 12th to 16th, 2018, in Malabo, Equatorial Guinea.

AMENDMENTS TO THE CFATF PROCEDURES FOR THE 4TH ROUND OF AML/CFT MUTUAL EVALUATIONS

The CFATF Procedures for the 4th Round of AML/CFT Mutual Evaluations were updated on 14 March 2018.  The amendments ensure that the quality and consistency (Q&C) process required under the Universal Procedures is applied to all CFATF Members for Follow-Up Reports (FURs) where Technical Compliance (TC) re-ratings are being sought as part of the mutual evaluation follow-up process.

Visit of the CFATF Chair to the CFATF Secretariat Office

Visit of the CFATF Chair to the CFATF Secretariat Office

The Honourable Basil Williams, SC, MP Chairman-in-office of the Caribbean Financial Action Task Force (CFATF) and Attorney General and Minister of Legal Affairs of Guyana visited the office of the CFATF Secretariat located in Port of Spain Trinidad on 13 March 2018 where he met with the Executive Director, Ms. Dawne Spicer, Deputy Executive Director, Carlos Acosta and staff of the Secretariat. Chairman Williams expressed his pleasure at being able to incorporate the visit to the Secretariat following his representation in a matter on behalf of the State of Guyana at the Caribbean Court of Justice.

CFATF ATTENDS FATF PLENARY FEBRUARY 2018

The Chairman of the Caribbean Financial Task Force (CFATF), Attorney General and Minister of Legal Affairs of Guyana, Honourable Basil Williams, S.C., M.P. led the CFATF delegation at the Financial Action Task Force (FATF) Plenary Meeting and Working Groups, held at OECD Headquarters in Paris, France, from February 18-23, 2018. CFATF participants included the CFATF Secretariat, Bermuda, Haiti, Jamaica, Venezuela, and Aruba and Curacao (under the Kingdom of the Netherlands).