Anti Money Laundering – Subject of BIFSA Workshop

Ava Lovell-Belisle

The Belize International Financial Sector Association, BIFSA, held a one-day training for stakeholders in that area of corporate business.  The session which was held at the Biltmore Plaza focused on Common Reporting Standards and Anti Money Laundering.

Ava Lovell-Belisle, Treasurer, BIFSA

“This particular training is on the CRS and AML which is the Common Reporting Standards and the Anti Money Laundering.  So the Common Reporting Standard is a standard that was developed by the OECD which is the Organization of Economic Cooperation and Development and they developed that in 2014 and it’s basically a platform for tax authorities to exchange information and so we felt it important for us to bring in a tax expert and so we brought in Jose Romero from Panama to basically educate our members on CRS.”