Cayman Islands to boost anti-money laundering framework under FATF recommendations
( November 2, 2020, 10:28 GMT | Official Statement) -- MLex Summary: The Cayman Islands has committed to bolstering its anti-money laundering regulatory framework under recommendations outlined by the global Financial Action Task Force. "While great strides have already been made, we remain committed to continuing to improve and enhance standards for the jurisdiction, as a matter of national priority," said Elisabeth Lees, national coordinator for the Government’s Anti-Money Laundering Steering Group.Statement follows....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.