On 28 July, the FATF-style regional body for the Caribbean issued a public statement which welcomes the jurisdiction’s considerable efforts on addressing the deficiencies relative to Core and Key Recommendations. Consequently, CFATF withdraws its call for members to consider the risks arising from the deficiencies associated with Sint Maarten made on 27 November 2019. However, Sint Maarten remains in enhanced follow-up until it applies to exit the Third Round of Mutual Evaluations given that the progress it has made demonstrates that it satisfies the conditions for exit set out in the May 2014 CFATF Plenary.,-2020

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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