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International Monetary Fund

countries. 1. No anti-money laundering regulations or guidelines in place for offshore financial institutions. 1. Taxation treaties between St. Vincent and the Grenadines and CARICOM countries have been in place for some time now. In February 2002, St Vincent and the Grenadines formally committed itself to the OECD’s principles of transparency and exchange of information in respect of tax matters. The country was removed from the OECD list of Harmful Tax Havens in March 2002. Anti-money laundering guidelines were issued to all offshore financial institutions in