Originally Posted by Demerara_Guy:
Nandlall also predicted dire consequences for Guyana if the government maintained its course. According to him, with the advent of the next FATF meeting in September, should Guyana not have the right, compliant bill in place, the country would be moved from gray list status to blacklist status. This, he said, would signal a curtailing of foreign investors, in addition to international embarrassment and other economic repercussions.
The meeting and results of FATF in September will be an interesting one.