The St. Vincent and the Grenadines’ Financial Intelligence Unit issued a guiding document intended to provide institutions with necessary advice with respect to establishing customer relationships.
The Financial Intelligence Unit of Saint Vincent and the Grenadines issued an updated guidance for non-regulated service providers’ compliance with anti-money laundering and counterterrorist financing standards.
Caribbean Banks Found Workarounds After Losing Correspondent Accounts
At least nine Caribbean banks that have lost access to U.S. correspondent accounts as a result of the “de-risking” trend now access U.S. dollars indirectly, usually at higher costs, through their ties to U.K. and other overseas financial institutions, sources told ACAMS moneylaundering.com.
0 Items Found
|Compliant : 8||High :|
|Largely Compliant : 13||Substantial :|
|Partially Compliant : 11||Moderate :|
|Non-Compliant : 17||Low :|
|Rank : 105/141|
|Score : 4.48/10|
|Rank : 39/180|
|Score : 59/100|
|Rank : 114/133|
|Score : 66/100|