CFATF delivers presentation on 'de-risking' at the Inaugural AML/CFT Empirical Research Conference in The Bahamas

The CFATF participated in the Inaugural AML/CFT Empirical Research Conference organized by the Central Bank of The Bahamas (CBOB) and the Association of Supervisors of Banks of the Americas (ASBA), with the support of the Caribbean Development Bank (CDB) and the IDB Lab. The Conference was held from January 20-24, 2020 at the British Colonial Hilton in Nassau, Bahamas. The primary objective of Conference was to build a network of experts and encourage empirically based AML/CFT research to address challenges in the Caribbean and in the global network.

Representing the CFATF was Research Officer, Risha Pragg-Jaggernauth, who presented on “’De-risking’ – A CFATF Perspective." The presentation focused on the pioneering work on the ‘de-risking’ phenomenon in the Caribbean region, which was undertaken by the CFATF as part of the Chairman’s Work Programme 2018/2019. The data was collected and analysed from the financial institutions and Central Banks within CFATF Member jurisdictions.

Read the full paper here:  De risking in the Caribbean region A CFATF Perspective