An NRA is an exercise that helps countries identify and assess the potential risks associated in this case with money laundering, terrorism and proliferation financing.
Our consultancy bureau has been selected to coordinate this exercise for the government of Sint Maarten. The NRA involves a process of analyzing a wide range of information, including financial and non-financial data, to determine the level of risk in various sectors and industries.
As part of this exercise, Sint Maarten has launched a website to inform the general population, financial institutions, certain businesses, and non-profit organizations. The website provides information about the goals of the NRA and how it will be conducted. Members of the NRA Project can also be approached with general questions about the process.
Overall, this exercise is an important step in ensuring that Sint Maarten remains a safe and stable economy, and that it continues to meet international standards for combating money laundering and terrorist financing.