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Jamaica invited to participate in FATF global initiative
Minister of Finance and the Public Service, Fayval Williams. (Photo: Adrian Walker)
Latest News, News
July 11, 2025

Jamaica invited to participate in FATF global initiative

KINGSTON, Jamaica — Jamaica has been invited by the President of the Financial Action Task Force (FATF), Elisa de Anda Madrazo, to participate in the FATF’s ‘FSRB Jurisdictions Guest Initiative’.

A national delegation will therefore participate in three consecutive plenary meetings and related technical working sessions, beginning with the FATF Plenary scheduled for October 20–24, 2025 in Paris, France.

Minister of Finance and the Public Service, Fayval Williams, in a statement on Friday, welcomed the invitation, describing it as “a strong vote of confidence in Jamaica’s ongoing financial reforms and a significant opportunity to contribute to global policy direction on anti-money laundering and counter-financing of terrorism (AML/CFT)”.

“Our journey to this point has not been without challenges. Just a few years ago, Jamaica was listed by the FATF as a jurisdiction under increased monitoring. Through sustained will, inter-governmental collaboration, and targeted legislative reforms over many years, we successfully addressed all identified strategic deficiencies and exited the ‘grey list’. This invitation to participate in the FSRB Guest Initiative reflects the international community’s continued recognition of our progress,” Williams said.

Jamaica was officially removed from the FATF grey list in June 2024, marking the culmination of a rigorous and sustained national effort to strengthen our anti-money laundering and counter-financing of terrorism framework.

The European Parliament also recently voted to remove Jamaica from Europe’s list of high-risk nations.

Tags:

FATF Fayval Williams Ministry of Finance
{"jamaica-observer":"Jamaica Observer"}
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