ii.
It is essential that the Member States enact and make aggressive use of Proceeds of
Crime Legislation. CARICOM Member States should enact and streamline legislation
that allows for the seizure of assets gained and used in illicit activity. Parts of these assets
and funds seized should be used to finance law enforcement and crime prevention
initiatives in order to strengthen national and regional security capabilities;
iii.
Member States should review or bring forward new legislation to extend personal
and criminal liability to the facilitators of organised crime.
iv.
Member States should continue to implement steps to identify, trace, freeze, seize and
confiscate the proceeds of crime;
v.
There will be an increased effort to strengthen the Region’s technical capacity in
investigation methods and techniques in the field of asset recovery;
vi.
Member States should implement legal frameworks on money laundering and
corruption;
vii.
Member States should accede to the United Nations Convention against Corruption;
viii.
CARICOM will promote and raise consumer awareness of financial crime;
ix.
It is vital that Member States identify and take action against corporate and
governmental corruption. Any Member State that is willing to launder funds can
undermine the entire regional strategy, as it can provide a conduit for money laundering
and tax evasion; and
x.
Member States should implement all relevant Recommendations of the Financial
Action Task Force (FATF), the foremost international body active in the fight against
money laundering and terrorist financing.
Strategic Goal 2: Crime Prevention - Addressing the Causes of Crime and Insecurity and
Increase Public Awareness of the Key Risks
4.10 The Region must look inward and acknowledge the domestic failings that have resulted
in growing criminality. There is a clear need to address the socio-economic and political
conditions that have fostered organised crime and criminality, while also providing viable
choices and alternatives to criminal activities. There is also a clear need to encourage citizen
security initiatives which seek to prevent and reduce the rates of crime and recidivism. Particular
attention must be placed on the Region’s youth who are disproportionally represented as both the
main perpetrators and victims of criminality. Cooperation will be sought with educational
institutions, media and the private sector in order to prevent the youth from turning to a life of
crime.
4.11 It is important to inform the public of the risks and threats CARICOM faces and to
increase public confidence in security agencies.
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