October 27, 2021

The EU’s Updated Draft AML/CFT List of High Risk Third Jurisdictions ‘Take Two’: A Critique

Alicia Nicholls In the midst of the human and economic challenges wrought by the novel coronavirus (COVID-19) pandemic, another threat looms for three Caribbean countries. …

De-Risking discussed at CARICOM 28th Inter-sessional Meeting

Alicia Nicholls The issue of de-risking by global banks, manifested most prominently by the restriction or withdrawal of correspondent banking relationships with mainly indigenous banks …

De-Risking remains “a key priority”, according to US Treasury

Alicia Nicholls De-risking remains a “key priority” for the United States’ (US) Department of the Treasury. This is according to Acting Under Secretary for Terrorism and …

FATF releases Guidance on Correspondent Banking Services

Alicia Nicholls The Paris-based Financial Action Task Force (FATF) has released its long-awaited guidance on the application of FATF standards in the context of correspondent …

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