Cayman Islands Anti-Money Laundering Unit

Promoting effective collaboration between regulators and law enforcement agencies.

[Cayman Islands Anti-Money Laundering Unit @AMLUCayman]

The AMLU today (22 March 2022) released the Cayman Islands’ second National Risk Assessment (2021 NRA), assessing the risks of money laundering, terrorist financing and proliferation financing.

See Press Release: https://t.co/ueKS5pxUqf

See full NRA: https://t.co/TkKf0Un9jF

[Cayman Islands Anti-Money Laundering Unit @AMLUCayman]

The Financial Action Task Force (FATF) has published a Public Statement on the Situation in Ukraine. The FATF urges jurisdictions to be vigilant to the possibility of emerging risks.

See full Public Statement here: https://t.co/iHa6maxQfU

[Cayman Islands Anti-Money Laundering Unit @AMLUCayman]

The Cayman Islands has now been rated as compliant or largely compliant with all 40 Financial Action Task Force (FATF) Technical Compliance Recommendations relating to anti-money laundering and counterterrorism financing (AML/CFT).

See more details here: https://t.co/V4juYiUY8F

[FATF @FATFNews]

Financial intelligence units can use technologies to strengthen their operations. A new FATF and @EGFIU report for public authorities outlines how digital tools can help detect and disrupt illicit financial flows. This summary highlights the key findings ➡️https://t.co/JExgmpKzZq

[FATF @FATFNews]

The FATF webinar on risk-based supervision starts in one hour! Join us to hear how supervisors can help stop dirty money from entering the financial system.
If you haven’t signed up, you can watch the live feed here➡️https://t.co/HrOTuHmOqp #FollowTheMoney #StopMoneyLaundering

[Egmont Group of FIUs @EGFIU]

Terrorism financing often involves the collection, storage, transfer and use of funds. To learn more about the detection and analysis of terrorism financing, users may access #ECOFEL and @FINTRAC_Canada’s training module here: https://t.co/DXDWK3I0BJ

[FATF @FATFNews]

One week left to share your views on FATF guidance on proliferation financing risk assessment and mitigation. See more 👇

[FATF @FATFNews]

The FATF is looking for input to analyse the unintended consequences of its Standards being incorrectly applied. This is part of a project to mitigate AML & CFT rules being misused or having an unforeseen impact. See more here➡️https://t.co/Ewcio4HD4T

[FATF @FATFNews]

The FATF wants to hear your views on draft guidance for taking a risk-based approach to virtual assets and virtual asset service providers. Relevant private sector stakeholders can take part in the public consultation by clicking here: https://t.co/BJWjWvQBBz #FollowTheMoney

[FATF @FATFNews]

Update on Cayman Islands' action to combat money laundering and terrorist financing. See the follow-up report setting out what Cayman Islands has done here ➡️https://t.co/CwamNFUGmr #FollowTheMoney #moneylaundering #CaymanIslands

[FATF @FATFNews]

A new FATF/@EGFIU risk indicators report will help the public and private sectors identify suspicious activity that could suggest trade-based money laundering
Download the report 👉https://t.co/VcEf8AiDO9
#Followthemoney #trade #moneylaundering #ml #FATF #Egmont

[FATF @FATFNews]

Supervisors play a key role in preventing money laundering. They oversee the front-line against financial crime - the banks and other businesses that are required to implement checks and report suspicions. See the FATF's new risk based guidance here➡️https://t.co/gkTEYRLfDQ

[FATF @FATFNews]

The FATF wants financial institutions and the non-financial sector to give their input on new guidance to assess and reduce the risks of financing for weapons of mass destruction. For more information, see the public consultation here➡️https://t.co/ApxoN4QKIf

[FATF @FATFNews]

Supervisors play a key role in preventing money laundering because they police the front-line against financial crime. The FATF has approved guidance on risk-assessments for supervisors' day-to-day work. See more about this and other Plenary outcomes➡️https://t.co/ZXPVqKD1NU

[Cayman Islands Government @caymangovt]

Government notes that 60 recommended actions are already in place and work is underway on the final three. Read more at https://t.co/TDd79lpSsG. 2/2

[Cayman Islands Government @caymangovt]

The Cayman Islands Goverment committed today to fulfilling the requirements of a 15-month action plan by @FATFNews to address three remaining recommended actions by that body to strengthen its anti-money laundering regime. 1/2

[Cayman Islands Anti-Money Laundering Unit @AMLUCayman]

Cayman received upgraded re-ratings on 14 Recommendations previously assessed as either Partially Compliant (PC) or Largely Compliant (LC) by #CFATF in the 4th round of mutual evaluation.

See more details on how Cayman has improved its AML/CFT framework: https://t.co/Cn9GO7ksJH

[FATF @FATFNews]

Stop money laundering, save lives.

See why it's important👇 #FollowTheMoney

[FATF @FATFNews]

Stop money laundering, save lives. The FATF is holding a three day Plenary to discuss key issues in the fight against money laundering and terrorist financing. See more about why it's important👉https://t.co/B8Wu8vdJGK #FollowTheMoney

[FATF @FATFNews]

Final day of the FATF plenary! Delegates from governments around the world and partner organisations, including the
@UN, @IMFNews & @WorldBank, have been discussing key money laundering and terrorist financing issues. Watch the news conference at 1630GMT➡️https://t.co/FdC6ILFNRW