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Barbados added to fraud list

Regional 17 May, 2021 Follow News

Bridgetown is trying to adhere to financial protocols

Barbados has joined the Cayman Islands and Jamaica on the list of Caribbean islands by the United Kingdom where money laundering and terrorist financing is high risk.

This comes even as UK officials acknowledged that authorities in Bridgetown have made efforts in recent few years to strengthen anti-money laundering and combating the financing of terrorism regimes.

Completing the full list of 21 countries are Albania, Burkina Faso, Botswana, Cambodia, Korea, Ghana, Iran, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Syria, Uganda, Yemen and Zimbabwe.


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