The Observed Effects of Money Laundering for Jamaica - Caribbean ...

(ii) Jamaica is rather inexperienced in the fight against
money laundering with regards to the expertise and the
methodology to be applied. The government of Jamaica
can seek the expertise of countries that has successfully
declined the incidence of money laundering. These
“experienced” countries can provide training to
financial institutions and other bodies on how to
effectively fight against money laundering.
(iii) The Government of Jamaica can consider implementing
measures to detect or monitor cash at the national
border (Hussain, undated). Most of the money that
comes in Jamaica is via the national border through
avenues such as money mules and other conspicuous
way. If person are aware that there are strict
monitoring of these national borders then will serve as
a deterrent.
(iv) The government of Jamaica can implement a body of
professionals that are responsible for the monitoring
and the detection of money laundering within financial
and non-financial institutions. Currently the limited
resources of the security forces are divided between
what are deemed as the “more serious crimes” and
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