ECCB Advisory on Fintech operations in the ECCU

The Eastern Caribbean Central Bank (ECCB) is aware of the emergence of several initiatives which compete directly with traditional financial services. These include but are not limited to: peer to peer lending, digital wallets, crowd funding ventures, crypto-assets and initial coin offerings (ICOs) in the Eastern Caribbean Currency Union (ECCU).

Read More

CFATF Public Statement/ Notice of Exiting the Follow-Up Process- Georgetown,Guyana

On the 15th day of November 2017, the Caribbean Financial Action Task Force issued a public statement which highlighted the progress made by Haiti in improving its AML/CFT regime. Haiti was identified as a jurisdiction with strategic deficiencies and through significantly addressing its deficiencies, Haiti was allowed to exit the 3rd Round Follow-up Process. 

Read More

FATF Public Statement – Valencia Spain – June 2017

On the 23rd day of June, 2017, the Financial Action Task Force (FATF) issued a Public Statement on the Democratic People’s Republic of Korea (DPRK) and called on its members and other jurisdictions to apply counter-measures to protect the international financial system from the on-going and substantial money laundering and terrorist financing (ML/TF) risks emanating from the DPRK.

Read More

CFATF Public Statement – Trinidad (May 31 2017)

On the 31st day of May, 2017, the Caribbean Financial Action Task Force (CFATF) issued a Public Statement which highlighted the progress made by Haiti in establishing its AMF/CFT regime. Haiti was identified as a Jurisdiction with strategic AML/CFT deficiencies that has made significant progress in addressing its deficiencies. Haiti is therefore encouraged to continue the reform process and demonstrate futher progress by the November 2017 Plenary for the outstanding deficiencies. 

Read More

CFATF Public Statement- Providenciales, Turks and Caicos

On the 9th day of November, 2016, the Caribbean Financial Action Task Force (CFATF) issued a Public Statement which highlighted the progress made by Haiti in establishing is AML/CFT regime. Haiti was encouraged to continue its reform process in addressing the remaining deficiencies. 

Read More