[www.inewsguyana.com] – The Union of South American Nations (UNASUR) says it supports the Guyana government in its efforts to approve legislation to curb money laundering and the financing of terrorism.
In a statement issued, UNASUR noted, “The strengthening of the institutional structures of Guyana for the prevention and fight against those crimes would be in conformity with the recommendations of the International Financial Action Task Force (FATF) and the regional organ of the Caribbean (CFATF) and of South America (GAFISUD).”
Guyana has been further blacklisted by the CFATF for failure to pass the amended legislation.
UNASUR reiterated its commitment “to cooperate within the framework of the South American Council on Citizen Security, Justice and Coordination of Action Against Transnational Organised Crime (CDOT), which includes initiatives on the prevention and fight against money laundering and financing of terrorism.”