The TCI, in compliance with the Financial Action Task Force (FATF) Recommendations continues its efforts to implement measures and enhance its ability to effectively undertake anti-money laundering (AML) and counter-terrorist financing (CFT) and weapons of mass destruction proliferation financing (PF).
The Attorney General’s Chambers, International Division conducted a one-day training on the on anti-money laundering and combatting the financing of terrorism and proliferation financing. The training focused on promoting an understanding of measures within the TCI to ensure the effectiveness of its' framework to combat money laundering, terrorist financing and weapons proliferation.
The training was held on Tuesday, 23rd July, 2019 in the Ministry of Finance Conference Room, Providenciales. Areas covered included an overview of FATF Standards, the TCI’s National Risk Assessment Report and its Outcomes- National AML/CFT Strategy and Action Plan, application of Targeted Financial Sanctions in the TCI and the FATF Mutual Evaluation Process. In attendance were officials from the Office of the Director of Public Prosecutions, Gaming Department, Ministry of Immigration, Royal Turks and Caicos Islands Police Force, Customs Department, Integrity Commission and the Attorney General’s Chambers.