European Commission Promises to Take Action Against Caribbean Drug Trafficking and Money Laundering

On March 29, 1993, Mr. Ernest Glinne (S) posed a question on what the European Union (EU) intends to do concerning the absence of proper investigation of drug trafficking, prostitution, organized crime, and money laundering in the West Indies and the Caribbean. The measure taken with respect to illicit drug trafficking and money laundering is the establishment of a Caribbean Financial Action Task Force (CFATF) with a secretariat in Trinidad and Tobago, which will supplement the work of the Group of Seven FATF?[more]