Upcoming Monday, August 30, 2021, to September 10, 2021, a site visit is planned. All government and semi-government companies working in the field of Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT), worked diligently in preparation for the assessment.
Prime Minister Evelyn Wever-Croes, as Chair of the National AML/CFT Steering Group, witnessed all the efforts into safeguarding Aruba’s financial systems against money laundering, terrorism financing, and related crimes.
The National Risk Assessment (NRA) commenced in October 2018 under the auspices of the World Bank. The government of Aruba also organized a “CFATF PRE-ASSESSMENT TRAINING” in October 2019, attended by stakeholders from private sectors.
On March 23, 2021, the government of Aruba published a report of the two Money Laundering National Risk Assessments (NRA). As the Chair of the National AML/CFT Steering Committee, the Prime Minister also approved the reports National Risk Assessment Report, Terrorist Financing (TF) and Proliferation Financing (PF).
“This meeting is essential for Aruba and for the organization you are representing. It is for the well-being of Aruba for us to commit ourselves and to continue working together against money laundering and the financing of terrorism as effectively as possible. As Prime Minister and Chair of the AML/CFT Steering Group, I want to sincerely thank you for the work performed by each one of you, and/ or institutions and work fields.
We must jointly ensure for Aruba to pass the evaluation successfully. The private sector has an essential role in this challenge. I do understand that in some cases, the application of the standards can be tedious. However, Aruba needs to comply with these standards to maintain a sound international reputation as a country that does not accept money laundering and the financing of terrorism.
By standing together, government and the private sector, we can combat money laundering and the financing of terrorism effectively. We hope and trust that we can continue to count on your support next week during the on-site visit and in the future”, Prime Minister Wever-Croes emphasized during her speech Wednesday morning.