Trinidad and TobagoThe regulatory authorities of Trinidad and Tobago published joint guidance on complying with anti-money laundering and counterterrorist financing requirements in light of the unprecedented circumstances linked to the COVID-19 pandemic, such as social distancing and other business disruptions.
The Financial Intelligence Unit of Trinidad and Tobago issued a notice to all private members’ clubs regarding recent amendments to the country’s anti-money laundering and counterterrorist financing legislation that reduce the value of large transactions from $90,000 to $50,000.
Latvia investigates 50 individuals suspected of financial crimes, India detains Yes Bank founder on suspicion of money laundering, and more, in the midweek roundup.
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Trinidad and Tobago targets human traffickers, U.S. blacklists Iranian shipping firm and airline, and more, in this week’s roundup.
Caribbean Traffickers Funneled Funds to China through MSBs
0 Items Found
| Technical | Effectiveness |
|---|---|
| Compliant : 26 | High : 0 |
| Largely Compliant : 9 | Substantial : 1 |
| Partially Compliant : 5 | Moderate : 1 |
| Non-Compliant : 0 | Low : 9 |
A "graylisted" country as of Oct. 19, 2018. Trinidad and Tobago's technical compliance was re-rated in a June 17, 2019 follow-up report
| Rank : 64/125 |
| Score : 5.26/10 |
| Rank : 85/180 |
| Score : 40/100 |
| Rank : 127/133 |
| Score : 65/100 |