Latest update April 23rd, 2024 12:59 AM
Apr 16, 2016 News
Officials from the Ministries of Legal Affairs and Business met on Thursday with
representatives of the World Bank, for discussions on matters surrounding Guyana’s anti-money laundering compliance and business development. Drafting and implementation of critical legislations were also discussed.
Attorney General (AG) and Minister of Legal Affairs, Basil Williams; Chief Parliamentary Counsel Cecil Dhurjon; and Solicitor General, Sita Ramlall were key members of the Legal Affairs team.
They met with Alice Ouedraogo, Senior Private Sector Development Specialist at the World Bank, with key officials of the Ministry of Business including the Permanent Secretary, Rajdai Jagarnauth. The meeting was held at the Attorney General’s Chambers.
The focus was on improving the legislative framework for Guyana’s business sector. During the discussion, the AG highlighted the government’s plans to fully comply with FATF’s and CFATF’s Anti-Money Laundering and Countering Financing of Terrorism legislative regime; implement cybercrime, tobacco, whistleblowers, witness protection and State Asset Recovery Unit (SARU) legislation and computerize the High Court, Commercial, Land and Deeds Registries’ systems.
Additional plans include the creation of single window systems and the increase in electronic transactions.
The joint team promised to review Guyana’s current legislative regime relating to the business sector and give its comments to the Attorney General’s Chambers for its improvement where necessary.
LISTEN HOW JAGDEO WILL MAKE ALL GUYANESE RICH!!!
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