Podcasts Culture Government of Saint Lucia NAMLOC celebrates Saint Lucias success in its re-rating application

NAMLOC celebrates Saint Lucias success in its re-rating application

Published: Jan. 31, 2024, 1:37 p.m.

The Government of Saint Lucia and the National Anti-Money Laundering Oversight Committee (NAMLOC) have much to be proud following Saint Lucia\u2019s success application for re-rating of the Financial Action Task Force\u2019s (FATF) recommendations for the prevention of Money Laundering and Terrorism Financing.\xa0The country was subject to the enhanced follow-up process due to some significant inadequacies in relation to the FATF 40 Recommendations.