TD banks AML programme problems have little to with St Lucia and much to do with their global inherent risk on a whole . It doesn't mean that our Banks in St Lucia have any significant impact on them however correspondent banking is a big concern and we must ensure that in St Lucia we cover our bases and manage the third party risk in our banking portfolio's otherwise our banks will be derisked and we will be in real trouble.
The loophole exists because the Minister concerned can always issue Citizenship regardless of the results of due diligence that is the loop hole
Good interview
It has worked well for our Prime minister
No oversight by Parliament of those monies
TD banks AML programme problems have little to with St Lucia and much to do with their global inherent risk on a whole . It doesn't mean that our Banks in St Lucia have any significant impact on them however correspondent banking is a big concern and we must ensure that in St Lucia we cover our bases and manage the third party risk in our banking portfolio's otherwise our banks will be derisked and we will be in real trouble.
Pants on fire
Excellent interview.
Stop reporting the things that we our selves can't solve..