Minister Wilkerson Attends CFATF Meeting
Attorney-General and Minister of Justice Senator Kim Wilkerson recently attended the Caribbean Financial Action Task Force [CFATF] 18th Council of Ministers Meeting in the Cayman Islands.
A Government spokesperson said, “The Attorney-General and Minister of Justice, Senator the Hon. Kim Wilkerson, JP, represented Bermuda at the Caribbean Financial Action Task Force [CFATF] 18th Council of Ministers Meeting in the Cayman Islands from 1 to 2 October 2026.
“The Council brought together Ministers from CFATF member jurisdictions to address regional priorities in the fight against money laundering, terrorist financing, proliferation financing and other threats to the integrity of the financial system.
The Minister appears in Cayman with Cheryl-Ann Lister, chairperson of NAMLC
“The meeting took place at an important stage for Bermuda, which is undergoing its own CFATF Fifth Round Mutual Evaluation. Officials continued to engage with the CFATF Mission Team and Assessors, ahead of the on-site visit scheduled for April 2027.
“Mutual Evaluations are peer reviews of how well a jurisdiction complies with Financial Action Task Force [FATF] standards and how effective its systems are in practice are an important component of the international anti-money laundering and counter-terrorist financing framework.
“Minister Wilkerson said Bermuda’s participation in the Council was an important part of maintaining active engagement with the international framework that supports the Island’s standing as a well-regulated international financial centre.”
“Bermuda’s reputation depends in part on our ability to demonstrate that we take our international obligations seriously and that our systems continue to respond effectively to evolving financial crime risks,” said Minister Wilkerson.
“Bermuda’s participation at the Council of Ministers gave the Island a direct voice in the regional discussions and decisions that shape this work and ensured that we remained engaged with our counterparts as international standards and expectations continued to develop.”
Minister Wilkerson pointed out: “For an international financial centre such as Bermuda, this ongoing work has practical consequences.
“We must be able to demonstrate that our legislative, regulatory and enforcement frameworks are effective and that Bermuda remains an active participant in regional and international efforts to combat financial crime.”
