Dec 15, 2017 Last Updated 2:48 PM, Dec 12, 2017

The Minister of Finance & the Public Service

The Honourable Minister Audley Shaw CD, MP, Minister of Finance and the Public Service. He is a graduate of Northern Illinois University (NIU) with a Bachelor of Arts and Master of...

Minister of State in the Ministry of Finance and the Public Service

The Honourable Rudyard Spencer, CD, MP is Minister of State (Public Service), with the Ministry of Finance and Public Service. Minister Spencer studied Industrial Relations at Medg...

Minister of State in the Ministry of Finance and the Public Service

The Honourable Fayval Williams, MP, is Minister of State in the Ministry of Finance and the Public Service. Minister Williams is a Chartered Financial Analyst (CFA), and holds an M...

If a financial institution makes a disclosure regarding a transaction, would be considered a breach of customer confidentiality?

Under the Act, the ‘consent to perform a prohibited act’ prevents a protected disclosure from being considered a breach providing that

  • the information is disclosed to an authorized or nominated officer
  • the information came to the person in the course of the person’s trade, profession, business or employment
  • the information causes that person to believe or have reasonable grounds to believe that another person has engaged in money laundering.
  • the disclosure is made in such a form or manner as may be prescribed by the Regulations.
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