THE ANTI-MONEY LAUNDERING AND COMBATTING TERRORISM FINANCING COMMISSION GIVES GREEN LIGHT ON HAITI
Written by Sir Lawrence Joseph on June 7, 2018
The Anti-Money Laundering and Combatting Terrorism Financing Commission has advised the public that all financial and non-financial institutions and other relevant businesses that Haiti is no longer subject to the Caribbean Financial Action Task Force and International Cooperation review process and follow-up process.
As of November 15 of last year, the CFATF advised by way of its public statement that it is satisfied that Haiti has made significant progress in addressing its deficiencies which previously posed a risk to the integrity of the international financial system. Members of the CFATF were previously advised to exercise caution when doing business with Haiti.
Consequently, the advisory against Haiti has now been discontinued.