Six Anguillian representatives attended the Caribbean Financial Action Task Force (CFATF) plenary summit in Turks and Caicos Islands in the week beginning 7 November 2016. The delegation was led by the Attorney General, John McKendrick QC, accompanied by the Honourable Minister for Home Affairs, Cora Richardson-Hodge; Erica Edwards, Crown Counsel, AG Chambers; Mary Clare Haskins and Tina Bannister from the Financial Services Commission; and Inspector Horace Edwards from the Financial Intelligence Unit.
The Caribbean Financial Action Task Force is an organisation of twenty-seven states, of the Caribbean Basin, which have agreed to implement common countermeasures to address the problem of criminal money laundering. The main objective of the Caribbean Financial Action Task Force is to achieve effective implementation of, and compliance with, its recommendations to prevent and control money laundering and to combat the financing of terrorism.
Membership of CFATF is important to Anguilla’s financial services, banking and legal professions. The Anguilla team works to ensure Anguilla remains compliant with the CFATF recommendations, and this plays a fundamental role in reducing financial crimes.
