B’dos expected to be removed from other blacklists

Barbados has been removed from the Financial Action Task Force’s list of Jurisdictions Under Increased Monitoring.

This was achieved today at the organisation’s first plenary meeting for the year.

Attorney General Dale Marshall is delighted with the move.

Mr. Marshall expects Barbados will also be removed from other black lists.

The Attorney General says this important development should quell many of the concerns of the island’s financial institutions, businesses, professionals and citizens, who can now look forward to an ease in doing business locally and internationally.