Hon. Samuel Bulgin K.C., Chairman of the Caribbean Financial Action Task Force (CFATF), attended the Annual Meeting between FATF President and FSRBs.
On June 21, 2023, Hon. Samuel Bulgin K.C., Chairman of the Caribbean Financial Action Task Force (CFATF), attended the Annual High-Level Meeting in Paris, France between FATF President, T. Raja Kumar, and the chairs of the FATF Style Regional Bodies (FSRBs). The principal objective of the meeting was to facilitate ongoing dialogue and exchange perspectives on major issues affecting the global implementation of the FATF Standards.
During the meeting, several topics were discussed, including preparations for the upcoming 5th Round of Mutual Evaluations and progress made in implementing the Strategic Vision for the Global Network, which has been agreed upon by the FATF and all FSRBs.
These meetings serve as an important platform for communication and promote inclusivity and cohesiveness within the Global Network. As the fight against money laundering, financing terrorism, and proliferation financing require a global response, the FATF has made strengthening the FATF Global Network and the ties between the FATF and the FSRBs a strategic priority. As part of its Singapore FATF Presidency Priorities, the FATF has been intensifying its engagement with FSRBs, as evidenced by this meeting.