News Releases

The UWI Tackles Money Laundering and the Financing of Terrorism

For Release Upon Receipt - October 24, 2017

St. Augustine

Signs MOU with Caribbean Financial Action Task Force to create internship, research and programmes

After a Memorandum of Understanding (MOU) signing that took place on October 20, The UWI St. Augustine, Department of Management Studies will provide research support to the Caribbean Financial Action Task Force (CFATF) in areas of Anti Money Laundering and Countering the Financing of Terrorism (AML/CFT) for the Caribbean Basin and in turn, CFATF will act as a source of knowledge to The UWI in the areas of AML/CFT matters.   The UWI/CFATF MOU will last for an initial term of three years and caters for the creation of both a student internship and research programme. These will provide continuous professional development to students, staff and academics at The UWI in an area that is of utmost importance to the financial integrity and stability of financial systems in the region. 

The MOU signing took place at the Office of the Campus Principal with Pro Vice-Chancellor and Campus Principal Professor Brian Copeland and Calvin E.J. Wilson, Executive Director, CFATF signing on the dotted line.  At the ceremonial signing, Mr. Wilson commented on the nature of the partnership, stating, “CFATF is very thankful for the support of the University and looks forward to the outpouring of research that will be generated from this collaborative partnership.” Campus Principal Copeland also commented that he was “…very proud to have partnerships like these which will lead to the enhancement and development of the Caribbean.”

Also present at the MOU signing were St. Augustine Campus’ Legal Officer, Mrs. Debra Coryat-Patton and Dr. Dorian M. Noel, Lecturer in Finance, Department of Management Studies.

Photo: CFTAF Executive Director Calvin E.J. Wilson and Campus Principal Professor Brian Copeland


About The UWI

Since its inception in 1948, The University of the West Indies (UWI) has evolved from a fledgling college in Jamaica with 33 students to a full-fledged, regional University with well over 40,000 students. Today, The UWI is the largest, most longstanding higher education provider in the Commonwealth Caribbean, with four campuses in Barbados, Jamaica, Trinidad and Tobago, and the Open Campus. The UWI has faculty and students from more than 40 countries and collaborative links with 160 universities globally; it offers undergraduate and postgraduate degree options in Food & Agriculture, Engineering, Humanities & Education, Law, Medical Sciences, Science and Technology, Social Sciences and Sport. The UWI’s seven priority focal areas are linked closely to the priorities identified by CARICOM and take into account such over-arching areas of concern to the region as environmental issues, health and wellness, gender equity and the critical importance of innovation. Website: 

(Please note that the proper name of the university is The University of the West Indies, inclusive of the “The”, hence The UWI.)