AML/CFT Compliance Programme Structural Guidelines for Non-Regulated Service Providers (NRSPs)
These structural guidelines seek to provide the Non-Regulated Service Providers (NRSPs) with a template for the Anti-Money laundering and Counter Financing of Terrorism (AML/CFT) Compliance Programme that each institution is required to implement pursuant to regulation 20(1) of the Anti-Money Laundering and Terrorist Financing Regulations 2014, as amended by SRO No.25 of 2017.
Guidelines for Non-Regulated Service Providers
This Guidance was compiled by the St. Vincent and the Grenadines Financial Intelligence Unit (“FIU”) to offer guidelines to the Non-Regulated Service Providers (NRSPs) on the implementation of Anti-Money Laundering and Counter Terrorist Financing (AML/CFT) measures and on how best to comply with the AML/CFT laws and regulations of St. Vincent and the Grenadines. The AML/CFT policy adopted by each NRSP should be a reflection of its money laundering and terrorist financing risk. Thus, the responsibility rests with each entity to develop and implement its own polices and AML/CFT measures in keeping with the AML/CFT laws and regulations of St. Vincent and the Grenadines.
