GENERAL ADVISORY – ANTI-TERRORISM ACT – procedures for unfreezing and providing access to frozen funds or other assets

It is hereby notified for general information that where funds are frozen pursuant to section 43 of the Anti-Terrorism Act, Cap. 4.02, the following actions may be taken by a person from whom the funds were frozen or who has an interest in the funds:

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FATF Public Statement – June 2019

On the 21st day of June 2019, 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 ongoing and substantial money laundering and financing of terror (ML/TF) risks emanating from the DPRK.

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FATF Public Statement – Paris, France, October 19, 2018

On the 19th day of October 2018, 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 ongoing and substantial money laundering and financing to terror (ML/TF) risks emanating from the DPRK.

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CFATF Public Statement – May 2018 Trinidad

On 31st May 2018, the Caribbean Financial Action Task Force (CFATF) issued a public statement which stated that Haiti had been removed from the CFATF – International Co-operation Review Group (ICRG) monitoring process. The jurisdiction was encouraged to continue to address its outstanding deficiencies in preparation for the 4th Round of Mutual Evaluations.

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ECCU Regulatory Oversight Committee Advisory on Fintech Operations

The Eastern Caribbean Currency Union (ECCU) Regulatory Oversight Committee (ROC) held its 20th Meeting on 3rd July 2018 in Basseterre, St. Kitts. The ROC comprises Regulators from each ECCU member territory, the Eastern Caribbean Central Bank (ECCB) and the Eastern Caribbean Securities Regulatory Commission (ECSRC).

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