A&B REAFFIRMS COMMITMENT TO STRENGTHENING AML/CFT FRAMEWORK

Antigua and Barbuda says it remains committed to the continued strengthening of its anti-money laundering and countering the financing of terrorism, and proliferation financing (AML/CFT/CPF) framework. The country’s delegation engaged in high-level talks during the recent Caribbean Financial Action Task Force’s 60th Plenary and Working Group Meetings, held in Port of Spain, Trinidad and Tobago.

Antigua and Barbuda benefited from key presentations aimed at strengthening regulatory oversight, enhancing beneficial ownership transparency, and improving inter-agency coordination.

The delegation was led by Chairman of the National Oversight Committee on Financial Action (NOCFA), Lt Col. Edward Croft. He says, “We continue to take bold, strategic steps to strengthen our AML/CFT framework, not just for compliance, but to safeguard the reputation and stability of our financial system. Our presence at the Plenary reflects the Government’s unwavering dedication to ensuring Antigua and Barbuda is a secure and compliant jurisdiction in the global financial landscape.”

The talks have positioned Antigua and Barbuda for a strong showing in the upcoming Fifth Round Evaluation.