stluciatimes, caribbean, caribbeannews, stlucia, saintlucia, stlucianews, saintlucianews, stluciatimesnews, saintluciatimes, stlucianewsonline, saintlucianewsonline, st lucia news online, stlucia news online, loop news, loopnewsbarbados


loop news st lucia, the loop st lucia, loop st lucia, st lucia loop news online, st lucia news online today, st lucia, st lucia news, stlucia news, st lucia news online, stlucianewsonline, st. lucia news online, st lucia breaking news, stlucianews

WATCH: Saint Lucia Strengthening Money Laundering Prevention Measures

- Advertisement -

Saint Lucia is in the process of revising its National Risk Assessment ahead of an application for re-rating in November 2023.

The National Anti-Money Laundering Oversight Committee (NAMLOC) has sought to strengthen the country’s capacity to combat money laundering, terrorist, and proliferation financing.

One of the mandates of NAMLOC is to review Saint Lucia’s legislative framework in relation to money laundering and propose the necessary amendments to existing legislation and enactment of new legislation to close existing gaps.

More in this Glen Simon report:

- Advertisement -

SOURCE:  National Competitiveness and Productivity Council

- Advertisement -
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

Please note that comments are being moderated. When commenting, please remember: 1) be respectful of all, 2) don't make accusations or post anything that is unverified, 3) don't include foul language, 4) limit links, 5) use words not volume, 6) don't add promotional content. Comments that do not meet the above criteria or adhere to our "Commenting Policy" will not be published.


  1. Lol. Politicians, drug dealers, and their ilk will still find a way to wash that money.

  2. The regular person pays more money in fees to the banks so they could implement AML and KYC policies. The criminals still get away with their activities while we pay the bill.

  3. Yeah I hear ya’ll ee, me a regular person will be expecting some money I legaly financed soon, come and call it money laundering I waiting.
    However your friends and acquaintances will still have more than I would ever smh.


Please enter your comment!
Please enter your name here


Subscribe to our St. Lucia Times Newsletter

Get our headlines emailed to you every day.

Share via
%d bloggers like this:
Send this to a friend