KINGSTON, Jamaica, CMC – Jamaica has been faraway from the European Union’s record of high-risk third nations for anti-money laundering and counter-terrorism financing.
The European Parliament on Wednesday supported a advice from the European Fee for each Jamaica and Barbados to be faraway from the record. This follows final 12 months’s elimination of Jamaica from the Monetary Motion Job Pressure (FATF) gray record.
Reacting to the information, Prime Minister Dr. Andrew Holness stated this marks a major step ahead for each nations and the broader area.
In a publish on X, Holness stated Jamaica had been actively advocating for such a choice, one which displays the truth of the onerous work the nation has undertaken to strengthen its monetary methods.
Holness stated that is yet one more demonstration of the energy of Jamaica’s partnership with the EU.
In the meantime, Minister of International Affairs and International Commerce Senator Kamina Johnson Smith additionally hailed the event.
She made feedback as she delivered a particular digital handle to the European Parliament, throughout which she expressed appreciation for the EU’s acknowledgement of the Jamaican authorities’s efforts to strengthen the nation’s anti-money laundering and counter-terrorism financing methods.
