International experts support Cuba's efforts to tackle money laundering
From 15 to 18 November 2016, international experts provided training to Cuban Central Bank's specialists on preventing the entrance of criminal proceeds and terrorist funds into the financial systems.
Interational experts provide training to Cuban Central Bank's specialists
The training represents the fourth stage of a joint initiative of the British Embassy in Cuba, the International Governance and Risk Institute (GovRisk) and the Cuban Central Bank, to help Cuban authorities to prevent the entrance of criminal proceeds and terrorist funds into the financial systems of the island by ensuring competent authorities are able to appropriately identify, assess and take effective action to mitigate money laundering by Designated Non-Financial Businesses or Professions (DNFBPs), in accordance with their level of risk.
British Ambassador in Havana, Antony Stokes is very pleased with the Embassy support to this project which is now in its fourth year. He stated:
Money laundering is a serious issue for any country and the United Kingdom is proud to offer technical assistance to Cuba in this area.