Blame game continues over AML legislation
APNU believes that the ball is in the government’s court to bring back to the house the anti-money laundering legislation. The party is still holding out that the work of the special select committee that was looking at the amendments was incomplete.
Opposition Leader David Granger said the government is not serious about having firm anti-money laundering legislation in place.
The party is not about to share the blame for any sanctions Guyana may face for not having updated legislation to meet international standards.
The financial action task force blacklisted Guyana for failing to have updated legislation. The APNU is making it clear that they are taking on board the suggestions of civil society to ensure that the bill can stand the test of time.
Granger said that the blacklisting of Guyana was deeply regretted and underserved. He is of the view that all is not lost.
The Financial action task force is looking for 100% compliance by Guyana and a timetable is set for next February for the updated legislation to be enacted.