June 12, 2016
There may be legal entities in this country engaged in conducting business with entities involved in terrorism activities.
This is according to information provided by the Financial Intelligence Unit of T&T (FIUTT) to the Caribbean Financial Action Task Force (CFATF.)
The information was published in the task force’s Mutual Evaluation Report of T&T, published this month.
The task force conducted an on-site visit to T&T from January 12 to 23, 2015.
The purpose of the visit was to provide a summary of the anti-money laundering and countering the financing of terrorism measures in place in T&T.
The task force also analysed the level of compliance with the Financial Action Task Force’s 40 Recommendations and the level of effectiveness of T&T’s anti-money laundering systems.
The last such report was produced in 2005.