AML-CFT - National Assessment of Risk - Recommendation 1 - page 20

Implications for Non-compliance
The reverse of all the compliance benefits
The financial services sector will be severely affected
Reduced government revenue
Reduced funding for capital projects and social services
Possible retrenchment in the employment sector (public and
private)
The Virgin Islands’ credibility within the CFATF will be
severely dented
1...,10,11,12,13,14,15,16,17,18,19 21
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