Antigua Barbuda Book Guest Tourist Visitor

Antigua and Barbuda (Primary). Although Antigua and Barbuda remains vulnerable to money laundering because of its offshore financial sector and its internet gaming industry, it has made significant progress toward improving the regulation of the offshore financial sector since the US Treasury Department issued an advisory to US financial institutions in April 1999. In its advisory the Treasury Department recommended "enhanced scrutiny to all financial transactions routed into or out of Antigua and Barbuda" because of 1998 amendments that had seriously weakened Antigua and Barbuda's anti-money laundering regime. The United Kingdom (UK) also issued a bank advisory at that time and France publicly expressed it concerns. ... [Read More]