The Financial Intelligence Unit is positioning itself to tackling serious transnational organized crimes.
This is evident through the launch of the FIU’s Civil Asset Recovery Division. The division was launched on Friday January 22 at the Ministry of Foreign Affairs Conference Room. Civil Asset Recovery is a remedial statutory device designed to recover the proceeds of unlawful activity as well as property used to facilitate unlawful activity.
Tackling serious organized crimes is a priority of the Government of St. Vincent and the Grenadines thus the Financial Intelligence Unit is positioning itself to combat these crimes.
The Eastern Caribbean Telecommunications Authority (ECTEL) in collaboration with the National Telecommunications Regulatory Commission (NTRC) hosted a ceremony on Monday, 25th January to launch the Internet Exchange Point (IXP). This initiative is under the World Bank funded Caribbean Regional Communications Infrastructure Program (CARCIP). The Internet Exchange Point is an internationally recognised mechanism for achieving cost and service gains and ICT sector growth.