What is NAMLC?

The National Anti-Money Laundering Committee (NAMLC) advises the Ministers responsible for Finance, and Legal Affairs and Constitutional Reform regarding:

• The detection and prevention of money laundering, terrorist financing and the financing of proliferation in Bermuda,

• The development of policies to combat money laundering, terrorist financing and the financing of proliferation,

• The development of a national plan of action in relation to combating money laundering, terrorist financing and the financing of proliferation, and the participation of Bermuda in the international effort against money laundering, terrorist financing and the financing of proliferation.

To read Bermuda’s 2024 Money Laundering and Terrorist Financing Risk Assessment published by the National Anti-Money Laundering Committee click here.