by AdrianaAMLP | Jan 24, 2025
Montserrat has strengthened its AML/CFT framework through a National Risk Assessment and policy alignment among Competent Authorities. Financial intelligence efforts were effective but limited by low Suspicious Transaction Reports. Money laundering investigations were...
by AdrianaAMLP | Jan 21, 2025
Proposals will allow access to specific groups with a legitimate interest, such as financial institutions, media, civil society, and academics, to access beneficial ownership registers. Stakeholder feedback is sought on the definition of legitimate interest and...
by AdrianaAMLP | Feb 26, 2024
Finds that the overall understanding of ML/TF risks is “fair and narrow”, although most prosecutions comprise simple cases of possession of cash proceeds derived for drug trafficking.
by AdrianaAMLP | Feb 7, 2024
Finds a good understanding of the ML/TF risks in the jurisdiction, despite lack of sectoral risk assessments for VASPs, MPSPs and FAs/FMs or a well-defined policy in place regarding the confiscation of instrumentalities. Notes scope for improvement in CFT polices amid...
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