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The Caribbean Financial Action Task Force (CFATF) is an organization of states and territories of the Caribbean Basin that have agreed to implement common counter-measures against money laundering. CFATF has associate status within the Financial Action Task Force on Money Laundering (FATF).


History

The CFATF was established as the result of two key meetings convened in Aruba in and
Jamaica Jamaica is an island country in the Caribbean Sea and the West Indies. At , it is the third-largest island—after Cuba and Hispaniola—of the Greater Antilles and the Caribbean. Jamaica lies about south of Cuba, west of Hispaniola (the is ...
."Caribbean Financial Action Task Force against Money Laundering (CFATF)"
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In Aruba in 1990 representatives of Caribbean and Central American countries developed a general approach to the problem of the laundering of criminal proceeds and made 19 recommendations.
, CFATF at The Policy Laundering Project.
A meeting of ministers held in Kingston, Jamaica, in 1992, resulted in the Kingston Declaration, endorsing the commitment of the member states to implementing the recommendations and coordinating the implementation through establishment of the CFATF Secretariat.


Member states

Members of CFATF are:Member Countries
CFATF. 28 June 2012.


See also

* Asia/Pacific Group on Money Laundering * Correspondent account * Digital renminbi * FATF blacklist * United Nations Office on Drugs and Crime


References


Further reading

* * * *


External links

* Financial regulation Task forces Financial crime prevention Anti-money laundering organizations {{law-enforcement-stub