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Wholesale NFL Jerseys Guyana has to submit along with a matrix outlining what the country has done since the last Plenary meeting in May 2013

Having legislation in place is the first step, but the investigative capacity is even more critical in building cases and prosecuting persons in relation to money laundering.This is according to the US Ambassador to Guyana, Brent Hardt, who in a recent interview, said that the political opposition in Guyana has raised a good point in that while there is a structure in place, there needs to be adequate investigation.According to Ambassador Hardt, the Financial Intelligence Unit of the Ministry of Finance alone would not solve the problem of money laundering in Guyana,Wholesale Jerseys Cheap, given that all it is required to do is receive information.US Ambassador to Guyana Brent HardtHe said that the Financial Intelligence Unit receives the information and as such knows what is happening in Guyana, but what is required is a “strong investigative arm.”Ambassador Hardt suggests that this investigative arm to deal with money laundering would need specialized training and would have to draw on personnel from the Director of Public Prosecutions (DPP),Authentic Jerseys From China, the Guyana Police Force and the Customs Anti Narcotics Unit (CANU) among others.The Ambassador said that Guyana does have some serious challenges in relation to money laundering but having the legislative framework in place is not enough.He said that with an investigative arm in place they will be able to take the information being garnered by the Intelligence Unit, put it together and build cases.Hardt said that the US Treasury Department has been working with the Ministry of Finance to build capacity.The Financial Intelligence Unit (FIU) of Guyana is an autonomous body responsible for requesting, receiving, analyzing and disseminating of suspicious transaction reports and other information relating to money laundering,China Jerseys, terrorist financing or the proceeds of crime.It was established and operates within the ambit of the Anti Money Laundering and Countering the Financing of Terrorism Act 2009 and its Regulations.Its mandate is to facilitate the detection,Cheap Jerseys Wholesale, prevention and deterrence of money laundering and financing of terrorist activity in Guyana.Guyana is currently moving to amend its Anti Money Laundering and Countering the Financing of Terrorism Laws as a result of urgings by the Caribbean Financial Action Taskforce (CFATF).According to Roger Hernandez,Wholesale Jerseys Free Shipping, Financial Advisor of CFATF, during a telephone interview with this publication, amendments to the legislation have to be passed in the National Assembly and enacted before August 26, so that it could be submitted and analyzed.He said that Guyana has to comply with the CFATF requirements by November 2013 – the date assigned this year for follow-up. However, the Act and other documentation must be submitted prior to November.Hernandez said that this was highlighted in a letter dated June 13, 2013,NBA Jerseys Outlet Shop, that was sent to Paul Geer, Director of the Financial Intelligence Unit of Guyana’s Ministry of Finance.According to the letter,Wholesale China Jerseys, Guyana has to submit along with a matrix outlining what the country has done since the last Plenary meeting in May 2013, copies of any legislation, regulations, or guidance notes that may have been enacted as part of action undertaken to comply with the Mutual Evaluation Report’s recommendations.The letter also requests information on the size of the financial sector as at end of June 2013 or the date nearest and any technical assistance received, requested or obtained during the first half of 2013.
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