2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

PART III

As indicated previously money laundering and terrorist financing share similar transactional features, the systems and procedures used to deter and prevent money laundering apply equally to terrorist financing.

For the purpose of implementing Anti Terrorism Financing systems and measures, financial institutions should refer to and apply Part IV particularly as it relates to—

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    (a)     Vigilance;

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    (b)     Verification;

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    (c)     Reporting;

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    (d)     Record Keeping; and

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    (e)     Training.