The government seems to be making a tremendous effort in fighting money-laundering in the Turks and Caicos Islands.
In addition, to a recently held anti-money laundering training at Beaches Resort and Spa, the government is now hoping to pump funds into the area in an effort to minimize money-laundering activities in the TCI.
At last Cabinet sitting, the country’s leaders advised the governor to approve monies amounting to more than $120,000 to improve the ability of the relevant authorities to detect money laundering, among beneficiaries of the fund are the Marine branch of the Royal Turks and Caicos Islands Police Force and the Financial Crimes Intelligence Unit.
