Tuesday, October 27, 2020

Stable economy makes Trinidad & Tobago vulnerable to money laundering

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The US State Department says Trinidad and Tobago’s geographic location, generally stable economy, and developed financial systems make it vulnerable to money laundering. Washington said the oil-rich twin-island republic last year had done much to improve its anti-money laundering (AML) region, one year after developing an action plan to address deficiencies noted by international experts.

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