The Bahamas Weekly Facebook The Bahamas Weekly Twitter
News : Local Last Updated: Jun 20, 2014 - 5:05:44 PM


2013 International Narcotics Control Strategy Report (INCSR) - The Bahamas
By US Embassy
Mar 6, 2013 - 1:39:46 PM

Email this article
 Printer friendly page

The 2013 International Narcotics Control Strategy Report (INCSR) is a substantive, mandatory two-volume report prepared by INL and submitted to Congress each year.  Volume I of the INCSR is separate from the annual “Major Drug Producing/Trafficking List” process, by which the President must determine by September 15 of each year which countries meet the statutory requirements as top drug-producing and/or drug-transit states.  The INCSR helps inform the U.S. Government’s interagency annual deliberations on the “Major Drug Producing/Trafficking List”, and all countries determined to be in this category are included in the INCSR volume on Drug and Chemical Control.  All recipients of U.S. counternarcotics assistance under the Foreign Assistance Act during the previous two fiscal years are also included in the report, as well as a small number of other countries that play significant roles in the global drug trade.  The issue of marijuana legalization stemming from the referenda in Colorado and Washington was not included in the policy over view of the 2013 INCSR because the United States Department of State has no jurisdiction under the statute to report on domestic matters.

 

Volume II of the 2013 INCSR, Money Laundering and Financial Crime, reports on the countries/jurisdictions determined to be of primary concern, described as major money laundering countries.  Such countries engage in currency transactions involving significant amounts of proceeds from international narcotics trafficking; however, the complex nature of money laundering transactions makes it difficult to identify specific narcotics trafficking proceeds from the proceeds from other serious crime.  The list of countries/jurisdictions of primary concern recognizes this relationship by including all countries and jurisdictions whose financial institutions engage in transactions involving significant amounts of proceeds from all serious crimes or are particularly vulnerable to such activity because of weak or nonexistent laws, weak or nonexistent supervisory/enforcement functions, or weak political will.

Bookmark and Share


© Copyright 2013 by thebahamasweekly.com

Top of Page

Local
Latest Headlines
BTVI: Safety training a priority for gas business
SuperFast Cruise Ship Promotes Bimini Businesses
Statement on Missing American Shark Diver in Bahamas
Tonesha Smith & Gabrielle Stubbs Winners of BTC Starmaker 5
Fred Smith calls on the public to send their objections to Nygard Cay Redevelopment to the government
BTC customers may experience dropped calls / slower internet speeds during completion of optimization programme
Bahamian Darius Adams accepted to prestigious U.S. Coast Guard Academy
2015 Hooters Calendar Girl shoot hits Bimini
12 Bahamians Receive Scholarships to Study in China
Bahamas Petroleum Corporation Develops Environmental Sensitivity Maps
BPC: Oil Exploration has been in The Bahamas since the 1940s
Preparation Work Continues on North Abaco Port Project for CHEC Bahamas
Bahamas Consul General Randy Rolle seeking scholastic opportunities for Bahamians
The Domestic Tourist goes on island adventure with BTC
"Bahamas Oil Drilling Not a Job Creator"
Thomasina Wilson responds to Tribune article
CBL- Burns House Reports Modest, Steady Growth at 3rd Annual General Meeting
AML Foods Limited Share Buy Back Program
Geoff Houston to step down as BTC CEO
Branville McCartney Remarks on Freedom of Information Demonstration
SkyBahamas teams up with Resorts World Bimini to Boost Visitor Arrivals
Bahamas Striping Group opens new manufacturing facility
Scores attend Resorts World Bimini Career Fair for Biminitess
"Nearly 40% of Bimini seabed already gone"
MasterCard/SUNCARD to Launch Joint Card, Coup for (Bahamas) Commonwealth Bank
Commonwealth Bank profits for first quarter of 2014
GEF SGP Bahamas and One Eleuthera Foundation Build Capacity of Organizations on Eleuthera
Rev. CB Moss, Bahamas Against Crime to Join June 11 Freedom of Information Rally as Sponsor
Cancer Survivor to Get Dream Wedding in Paradise
Cable Bahamas completes preferred share offering
Bahamas Freedom of Information Rally set for June 11 in Rawson Square
"Fact vs. Fiction: The Truth About Resorts World Bimini"
Resorts World Bimini to hold Career Fair on June 4th
Save the Bays praised for role in ‘David versus Goliath’ fight to save Bimini’s reefs
Bimini dredging halted by Privy Council
Tough Lessons: Cayman Islands Looking at Bimini for What Not to Do
MIYA Responds to Reported Incident Involving an Employee of the Company
"Appeal to Women Parliamentarians in The Bahamas"
Bimini Town Council: Biminites Approve Appellant Court Ruling in Favor of Resorts World Bimini
US Ocean Engineer Adds Voice to Growing Concerns, Labels Bimini Dredging “Not Environmentally Compatible Operation in Pristine Waters”