Bermuda Top-Ranking Jurisdiction, Globally, in Technical Compliance With Standards to Fight Money-Laundering and the Financing

• The Financial Action Task Force ('FATF'), the international standards organisation, awards Bermuda excellent ratings (global ranking #1 for overall compliance with technical requirements and #7 in effectiveness) in the fight against money laundering and the financing of terrorism and proliferation
• The Government of Bermuda is pleased to announce that an independent team of experts has confirmed that Bermuda is one of the global leaders in the fight against money laundering and the financing of terrorism and proliferation.
• Minister of Finance, The Hon Curtis Dickinson JP MP, said: "The report on Bermuda published by the FATF, the leading international standards-setting body in this area, has confirmed that Bermuda is one of the global leaders in the fight against money laundering and the financing of terrorism and proliferation. This is an excellent result and a major accomplishment for Bermuda, further enhancing recognition of our leadership in these key areas."

(Source: Bloomberg)