CFATF Welcomes New Member

The Caribbean Financial Action Task Force (CFATF) is pleased to announce the addition of its newest member the United States of America to the organisation. The USA officially became a member on Wednesday 4^th December 2024 during the CFATF’s 59^th Plenary and Working Group Meetings which was held in Hanover, Jamaica during the period December 1^st to 6^th, 2024.

The historical signing of the Memorandum of Understanding was undertaken by Mr. Scott Rembrandt, Deputy Assistant Secretary for Strategic Policy Office of Terrorist Financing and Financial Crimes. The signing was the culmination of a decision taken by the Council of Ministers of the CFATF, to approve the application for membership of the USA, during its meeting held on Tuesday, 3^rd October 2024 in Maimi, Florida.

The addition of the USA increases the CFATF’s membership to twenty (25) members, which also includes Anguilla, Antigua and Barbuda, Aruba, Barbados, Belize, Bermuda, Cayman Islands, Curaçao, Dominica, Grenada, Guyana, Haiti, Jamaica, Monserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Sint Maarten, Suriname, The Bahamas, Trinidad and Tobago, Turks and Caicos Islands, Venezuela and the Virgin Islands.

Mr Scott Rembrandt in his remarks to the Plenary, expressed the USA’s gratitude for being accepted as a member of the CFATF and echoed the commitment of the USA to work with the organisation and all its fellow members to advance the developmental objective of the CFATF as it works on concluding the 4^th Round of Mutual Evaluations and preparing for the 5^th Round of Mutual Evaluations which commences in March of 2026.