REGULATORY UPDATES ON FINANCIAL CRIME PREVENTION IN TURKS AND CAICOS ISLANDS
A New Era for Financial Crime Prevention in Turks and Caicos Islands
The Caribbean Financial Action Task Force (CFATF) has welcomed the appointment of a new Attorney General in Turks and Caicos Islands, Rhondalee Braithwaite-Knowles. This move is seen as a significant development in the islands’ efforts to prevent financial crime.
Appointment of New Attorney General
Rhondalee Braithwaite-Knowles was appointed following an open and competitive selection process that attracted international candidates from the Caribbean and Europe. The recruitment panel, consisting of senior officials from the Turks and Caicos Islands Government and external experts, shortlisted five candidates for interview before selecting Braithwaite-Knowles as the outstanding candidate.
Key Facts About Rhondalee Braithwaite-Knowles
- Served as Acting Attorney General since October 2013
- Brings a wealth of experience in public service to the role
- Selected from within the local citizenry, marking one of the few instances where an Attorney General has been recruited from within the islands
Government’s Reaction
The Turks and Caicos Islands Government has welcomed Braithwaite-Knowles’ appointment, stating that she will bring her professional judgment, energy, and willingness to make tough decisions to the role. The Governor of the islands, Peter Beckingham, expressed his confidence in Braithwaite-Knowles, saying that he looks forward to continuing to work with her in what is one of the key positions in TCI life.
CFATF’s Support
The CFATF has congratulated Braithwaite-Knowles on her appointment and expressed its confidence that she will make significant contributions to shaping the future of the organization. The Task Force is committed to working closely with the Turks and Caicos Islands Government to enhance its capacity to prevent financial crime and promote a stable financial environment.
Technical Assistance from CFATF
In related news, the CFATF has announced plans to provide technical assistance to the Turks and Caicos Islands to strengthen its regulatory framework and improve its compliance with international standards. The Task Force will work closely with the islands’ authorities to identify areas for improvement and develop strategies to address these weaknesses.
Key Takeaways
- Appointment of Rhondalee Braithwaite-Knowles as Attorney General marks a significant development in Turks and Caicos Islands’ efforts to prevent financial crime
- CFATF welcomes Braithwaite-Knowles’ appointment and looks forward to working closely with her and the islands’ authorities to achieve this goal
- Technical assistance from CFATF will help strengthen regulatory framework and improve compliance with international standards.