FATF's latest round of mutual evaluations is proving "much more intense" resource-wise than past examination cycles, according to Calvin Wilson, the executive director of the intergovernmental group's affiliate organization in the Caribbean.
An Antigua and Barbuda financial services association is lobbying to improve the islands' reputation in the wake of an alleged Ponzi scheme tied to one of the jurisdiction's biggest investors.
Antigua's efforts to end its reputation as a crime haven have suffered following the disclosure that the alleged head of an $8 billion fraud helped craft the country's anti-money laundering regime.