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September 2019 Newsletter – Financial Information Month October 2019

Financial Information Month (FIM) is celebrated in October and is a regional financial, economic, business and entrepreneurial education campaign executed in the Eastern Caribbean Currency Union (ECCU) since 2002, through the collaborative efforts of the Eastern Caribbean Central Bank (ECCB), ECCU member governments, financial and academic institutions, the media, other private and public sector institutions and community-based groups.

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August 2019 Newsletter – The Mutual Evaluation

A mutual evaluation is an assessment of a country’s level of implementation of the Financial Action Task Force (FATF) 40 Recommendations. This is a peer review, where members from different countries assess another country.

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July 2019 Newsletter- Identifying Suspicious Transactions/Activities

In Issue # 79, we learnt that suspicious transactions are activities for which there are reasonable grounds to suspect that they are related to a criminal activity or the commission of a money laundering (ML) or terrorist financing (TF) offence.

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June 2019 Newsletter- Keys in Preparing an Effective Suspicious Transaction Report (STR)

What is a Suspicious Transaction/Activity?
Suspicious transactions/activities are transactions/activities for which there are reasonable grounds to suspect that they are related to criminal activity or the commission of a money laundering (ML) or terrorist financing (TF) offence.

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May 2019 Newsletter- Non-Profit Organizations

The Financial Action Task Force (FATF) has adopted a functional definition to non-profit organizations (NPOs) given the variety of legal forms that NPOs can have, depending on the country.

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