The Turks and Caicos Islands Financial Services Commission provided an update on the jurisdiction’s development of a virtual assets legislative framework during a regional regulatory forum hosted by the Trinidad and Tobago Securities and Exchange Commission. It emphasized cooperation, information sharing and capacity building to support more harmonized supervision and enforcement across Caribbean jurisdictions. The discussion covered cross-border risks, anti-money laundering and counterterrorist financing expectations, evolving Financial Action Task Force guidance, stablecoins, investor protection and market integrity. Participants also considered how smaller financial markets can align domestic frameworks with international standards while reflecting regional conditions.

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