GEORGETOWN, Guyana (AP) Guyana's opposition-controlled Parliament expects to revise an anti-money laundering bill that it has twice rejected out of concern it isn't strong enough.
Opposition legislators say a subcommittee will review the bill in upcoming months before it goes to another full vote. They say the bill would allow government officials, but not police or the financial intelligence unit, to go after suspected money launderers. They say they're concerned that would let politicians decide who should be targeted.
Finance Minister Ashni Singh said the Caribbean Financial Action Task Force had given Guyana until mid-November to approve the bill. He said Guyana could be labeled a high-risk country for financial transactions, noting he has already seen a delay in banking and money transfer transactions.
Parliament voted on the bill late Thursday.