The National Anti-Money Laundering Oversight Committee (NAMLOC), in collaboration with the Caribbean Financial Action Task Force (CFATF) will host a two-day training event on the Revised Standards and Methodology of the Financial Action Task Force (FATF) on March 11th and 12th, 2026 at the Bel Jou Hotel.
This targeted engagement forms part of Saint Lucia’s strategic preparations for its 5th Round Mutual Evaluation commencing 2027-2028, and reflects the Government’s continued commitment to strengthening its Anti-Money Laundering, Counter-Terrorist Financing, and Counter- Proliferation Financing (AML/CFT/CPF) regime.
This high-level training will bring together policymakers, regulators, supervisory authorities, law enforcement officials, prosecutors and members of the Judiciary to deepen national understanding of the updated FATF Recommendations and Methodology for assessing technical compliance and effectiveness on money laundering, proliferation financing and financing of terrorism.
The sessions will address critical areas under the evaluation framework, including some of the following: national AML/CFT/CPF policies and coordination, confiscation and asset recovery, money laundering investigations and prosecutions, the use of financial intelligence, virtual asset service providers and DNFBPs, beneficial ownership transparency, measures to combat terrorist financing, proliferation financing, and risks related to non-profit organizations.
Participants will benefit from practical, scenario-based discussions designed to enhance institutional readiness and improve inter-agency coordination. Particular emphasis will be placed on evidencing outcomes, strengthening supervisory frameworks, and ensuring that legislative and operational measures align with international standards.
This engagement underscores Saint Lucia’s continued commitment to maintaining compliance with global AML/CFT/CPF obligations, enhancing institutional effectiveness, and safeguarding the integrity of its financial system. The Government remains firmly committed to further strengthening its AML/CFT/CPF regime and is proactively undertaking intensified national preparations, recognizing the heightened scope of the upcoming Fifth Round Mutual Evaluation Assessment in 2028.