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February 2020 Newsletter – Information on the CFATF Mutual Evaluation & The National Risk Assessment

The Caribbean Financial Action Task Force (CFATF) conducts mutual
evaluations of its members on an ongoing basis. As part of the mutual
evaluation process, a team of experts from other members will conduct an
onsite visit to St. Kitts and Nevis from March 23 – April 03, 2020.

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January 2020 Newsletter – Legislative Updates

During the past year and a half, a number of amendments were made to legislation governing
regulated entities.

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December 2019 Newsletter – The Year In Review

Staffing changes, compliance matters, training, seminars, meetings, statistics

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November 2019 Newsletter – Targeted Financial Sanctions Related To Terrorism and Terrorist Financing – FATF Recommendation 6

Any person who has possession, custody or control of property that belongs to a terrorist or a designated terrorist group owned or controlled by a terrorist; or has information about a transaction or proposed transaction in respect of the property, shall immediately inform the Chief of Police, FIU or such other person as the Minister may designate, of that fact or information and provide such further information relating to the property or transaction (section 20(2) and (3) of the ATA)).

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October 2019 Newsletter – Targeted Financial Sanctions Related To Terrorism and Terrorist Financing – FATF Recommendation 6

Recommendation 6 requires each country to implement the targeted financial sanctions regimes to comply with the United Nations Security Council Resolutions (UNSCRs or resolutions) relating to the prevention and suppression of terrorism and terrorist financing.

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