Launch of the online training on FATF Recommendation 8 for our new partner state Trinidad and Tobago 🇹🇹 !
Over the next five days, some 40 representatives of NPOs from the Caribbean island will attend sessions to improve the country’s compliance with the requirements of Financial Action Task Force (FATF) Recommendation 8, delivered by experts in the subject matter.
In his opening remarks, EU Ambassador to Trinidad and Tobago His Excellency Peter Cavendish noted: “As it is recognised, money laundering and terrorist financing are significant threats to countries worldwide. The situation has been deteriorating and governments have to stop and coordinate to fight these phenomena’s global destructive reach.”
He stressed that the fight against ML/FT is “a global fight and it is essential to improve the well-being of citizens across the globe.
Training like that starting today allows to improve efficiency and effectiveness of capacities of all participants in AML/CFT.
I am very happy to welcome all participants and to announce that Trinidad and Tobago is now the 25th country where the EU Global Facility on AML/CFT is active.”
His remarks were followed by an introduction from Key Expert on Justice/CSO Mamuka Jgenti and the Head of Anti-Terrorism Unit at the Office of Attorney General and Ministry of Legal Affairs of Trinidad and Tobago Vyana Sharma.
In the coming weeks, another series of online training will be delivered to the representatives of authorities and regulators of the country, while other areas of technical assistance will be tackled by the rest of the EU Global Facility team.
This project is funded by the European Union.