Cayman Islands joins FATF as guest member under new initiative
07 Nov 2024
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The Financial Action Task Force (FATF) recently appointed the Cayman Islands and Senegal as the first guest members under its Regional Bodies' Guest Initiative. This programme, led by FATF President Elisa de Anda Madrazo, invites two to three guest countries from underrepresented regions to participate in FATF meetings and working groups for a year, enhancing global financial security perspectives.
This appointment is a significant milestone for the Cayman Islands, affirming its growing international influence and commitment to financial oversight. Deputy Premier André Ebanks, representing the Cayman Islands at the FATF Plenary in Paris, expressed appreciation for this recognition. Alongside him were senior officials from the Attorney General’s Chambers, the Cayman Islands Monetary Authority, and the Ministry of Financial Services.
The official press release can be found here.
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