Georgetown: Finance Minister, Dr. Ashni Singh is calling on the Opposition to place the integrity of Guyana’s financial system above partisan politics by ensuring the passage of the Bill as the Special Select Committee on the Anti – Money Laundering and Countering of Financing of Terrorism Amendment Bill is slated to meet on Monday, October 21.
He said that government offered to meet with the Opposition in the Committee on two occasions so far but those efforts have been futile.
“The Government of Guyana has made exhaustive efforts to involve and accommodate the Opposition via a number attempts to meet as frequently as possible in the Select Committee, of the National Assembly, to discuss the bill,” Dr. Singh said.
The Finance Minister reiterated that the passage of this Bill is important to the economic sustainability of Guyana.
“Because financial institutions will be subjected to intensified scrutiny and increased penalty fees for operating in a non-compliant country, those increased fees will be incurred by the consumer.”
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