Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

AML, North America

Barbados’ PM blasts international AML system

By Alisha Houlihan for AMLi

The Barbados Prime Minister, Mia Mottley has criticised the international anti-money laundering (AML) regime for its disproportionate impact on small developing countries given the lower risk they represent compared to large developed nations in which most illicit activities are conducted.

Ms Mottley spoke to a delegation of members of the Financial Services Committee of the United States Congress, CARICOM heads of state and government, as well as senior executives from North American banks at the Caribbean Financial Access Roundtable in Barbados on Wednesday. 

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!