Chairman of the Anti-Money Laundering Network and President of the Senate, The Most Honourable Reginald Farley, has praised the hard work of all involved in Barbados’ recent removal from the Financial Action Task Force’s (FATF) List of Jurisdictions Under Increased Monitoring or Grey List.

Barbados has been removed from the Financial Action Task Force’s (FATF) List of Jurisdictions Under Increased Monitoring (also referred to as the FATF Grey List).

The Compliance Unit of the Anti-Money Laundering Authority will soon release the findings of its Anti-Money Laundering Sectoral Risk Assessment for Attorneys-at-law and Real Estate Agents.

Businesses and members of the public will soon have the opportunity to learn more about anti-money laundering when the Compliance Unit of the Anti-Money Laundering Authority launches its website on Wednesday, November 22.

At its just concluded meetings in Paris, the Financial Action Task Force (FATF) reached agreement that Barbados has substantially completed its Action Plan, and qualifies for an on-site visit early next year.