by AdrianaAMLP | Feb 26, 2024
Finds that the overall understanding of ML/TF risks is “fair and narrow”, although most prosecutions comprise simple cases of possession of cash proceeds derived for drug trafficking.
by AdrianaAMLP | Feb 7, 2024
Finds a good understanding of the ML/TF risks in the jurisdiction, despite lack of sectoral risk assessments for VASPs, MPSPs and FAs/FMs or a well-defined policy in place regarding the confiscation of instrumentalities. Notes scope for improvement in CFT polices amid...
by AdrianaAMLP | Jan 31, 2024
Saint Lucia has 30 Recommendations rated C/LC. Saint Lucia will remain in enhanced follow-up based on effectiveness ratings. Saint Lucia’s next enhanced follow-up report is due November 2024.
by AdrianaAMLP | Jan 16, 2024
The country is re-rated on Recommendations 22, 23 and 28 (partially compliant to largely compliant) and Recommendation 24 (partially compliant to compliant).
by AdrianaAMLP | Nov 29, 2023
Re-ratings cover PEPs, correspondent banking, tipping off and confidentiality, and CDD.
Recent Comments