Sessions led by Caribbean Financial Action Task Force advisors drew more than 100 participants
Images and media release supplied by the Government of Bermuda
Bermuda, through its National Anti-Money Laundering Committee (NAMLC), in partnership with the Ministry of Finance, Ministry of Justice and Ministry of National Security, successfully hosted a three‑day training programme on the revised Financial Action Task Force (FATF) Standards and Methodology from February 23–25, 2026 at the Royal Bermuda Regiment Warwick Camp.
The training brought together over 100 participants per day from Bermuda’s competent and relevant authorities responsible for combatting money laundering, terrorist financing and proliferation financing. Attendees included representatives from regulatory bodies, law enforcement, policy agencies and other key stakeholders who play a critical role in safeguarding Bermuda’s financial system.
The sessions were led by expert advisors from the Caribbean Financial Action Task Force (CFATF) Secretariat:
- Ms Keisha Fraser, Financial Advisor
- Ms Shivana Sharma, Legal Advisor
- Mr Jefferson Clarke, Law Enforcement Advisor
The training provided in‑depth insight into the recent updates to the FATF Standards and Methodology, which switch focus toward effectiveness rather than technical compliance.
The implications for Bermuda’s upcoming 5th Round Mutual Evaluation, which will formally begin with pre‑onsite visit training scheduled for April 20-22, 2026, were also outlined. Participants received practical guidance on meeting both technical and effectiveness requirements under the revised framework.
The knowledge gained will strengthen Bermuda’s national understanding, enhance institutional capacity and further support the island’s ongoing efforts to maintain a robust and compliant Anti-Money Laundering/ Anti-Terrorist Financing/ Counter Proliferation Financing (AML/ATF/CPF) regime.
The Attorney-General and Minister of Justice, Senator the Hon. Kim Wilkerson, JP, attended sessions during the training programme.
Reflecting on the significance of the initiative, Minister Wilkerson stated: “This training is a direct reflection of the Government’s commitment to ensuring Bermuda has the capacity to combat money laundering, terrorist financing and proliferation financing ahead of our 5th Round Mutual Evaluation.
“This training supports our preparedness, and I thank all departments for their dedication.”
Bermuda extends its sincere appreciation to the CFATF Advisors for delivering an impactful and timely training experience that supports the jurisdiction’s continued commitment to international standards.
