Wynter considers financial inclusion in line with AML/CFT risk
Bank of Jamaica governor notes challenge in meeting both AML/CFT objectives and financial inclusion
The governor of the Bank of Jamaica has stressed the need for "competent bodies" to recognise the challenges of implementing financial inclusion initiatives where there is a risk around money laundering and terrorist financing.
Speaking at the Caribbean Financial Action Task Force plenary meeting, Brian Wynter noted there was a "practical need" for official bodies to recognise the challenge countries have "striking the balance" between universal access to the financial system and safeguarding it
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