The Caribbean Financial Action Task Force published an update on pre-assessment training with representatives from Jamaica’s public and private sectors, aimed at preparing the country for its upcoming fifth round mutual evaluation. The program is set for June 18 to 20, 2025 and is funded by the 11th European Development Fund. The training focuses on how risk and context feed into the mutual evaluation process, the assessment of technical compliance including Recommendations Under Review, and the assessment of effectiveness. It also covers requirements for financial institutions, virtual asset service providers and non-profit organizations, and includes mock interviews focused on IOs 1 and 3. Participants were also advised on the importance of effective cooperation and coordination mechanisms across both sectors to support Jamaica’s evaluation process.
Caribbean Financial Action Task Force (CFATF)2025-06-02
Caribbean Financial Action Task Force details pre-assessment training with Jamaica ahead of fifth round mutual evaluation
The Caribbean Financial Action Task Force published an update on pre-assessment training with Jamaica’s public and private sectors ahead of the country’s fifth round mutual evaluation. The June 18 to 20, 2025 program covers technical compliance, effectiveness, and requirements for financial institutions, virtual asset service providers and non-profit organizations, alongside mock interviews on IOs 1 and 3. It also stresses the need for effective public-private cooperation and coordination.