Podcasts Culture Government of Saint Lucia National Anti-Money Laundering Committee to apply for a re-rating

National Anti-Money Laundering Committee to apply for a re-rating

Published: Jan. 17, 2023, 1:08 p.m.

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Saint Lucia is in the process of revising its National Risk Assessment ahead of an application for re-rating in November 2023.

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The National Anti-Money Laundering Oversight Committee (NAMLOC) has sought to strengthen the country\\u2019s capacity to combat money laundering, terrorist, and proliferation financing.\\xa0One of the mandates of NAMLOC is to review Saint Lucia\\u2019s legislative framework in relation to money laundering and propose the necessary amendments to existing legislation and enactment of new legislation to close existing gaps.

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