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KINGSTOWN, St Vincent (GINA) — The Caribbean Community (CARICOM) said it is extremely worried over the non-passage of the Anti-Money Laundering and Countering the Financing of Terrorism (Amendment) Bill in Guyana and has formally written expressing the Community’s deep concern at the wider implications for the region.

In a letter dated March 7, 2014, to Guyana’s President Donald Ramotar, Barbados Prime Minister Freundel Stuart said, “Without any doubt, this situation and the threatened action by CFATF [Caribbean Financial Action Task Force] will affect Guyana and the entire Caribbean region, and will negatively impact the well-being of our people.”

“I trust that during our inter-sessional meeting we will be able to discuss this matter in caucus, and see what other action we can take as a group to assist Guyana at this juncture,” Stuart added.

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