GUYANA-FINANCE-Guyana says it can be blacklisted for failure to implement CFATF recommendations

GEORGETOWN, Guyana, CMC – The Guyana government says the country faces the possibility of being declared a “non-compliant jurisdiction” after it was forced to submit a report to the Caribbean Financial Action Task Force (CFATF) without legislative support from the opposition.
Attorney General and Minister of Legal Affairs Anil Nandlall said that the report, submitted on August 26, will be considered at the CFATF meeting in November.
He said the “unfortunate reality’ is that if Guyana is found to be non-compliant it could be declared a non-compliant jurisdiction and that the country would be placed on a list of delinquent countries allowing for international stakeholders to impose whatever sanctions they deem fit.