Pres­i­dent Chris­tine Kan­ga­loo has pro­claimed three pieces of leg­is­la­tion that will take ef­fect on 17 No­vem­ber, mark­ing an­oth­er phase of the Gov­ern­ment’s ef­fort to strength­en Trinidad and To­ba­go’s fi­nan­cial-crime frame­work.

The procla­ma­tions, is­sued in sep­a­rate le­gal no­tices, ac­ti­vate dif­fer­ent FATF-re­lat­ed amend­ments passed be­tween 2020 and 2025.

Through Le­gal No­tice 418, se­lect­ed sec­tions of the Mis­cel­la­neous Pro­vi­sions (FATF Com­pli­ance) Act, 2020 are now com­ing in­to force. These amend­ments up­date sev­er­al laws, in­clud­ing the Pro­ceeds of Crime Act, the An­ti-Ter­ror­ism Act and the FIU Act, and are in­tend­ed to im­prove su­per­vi­sion, re­port­ing re­quire­ments and en­force­ment across the fi­nan­cial sec­tor.