(1) Notwithstanding section 22A(5), the Eastern Caribbean Central Bank and the Financial Intelligence Authority shall, as soon as is reasonably practicable after a designation of a specified entity is made, communicate the designation through a medium it considers appropriate, to all financial institutions and to other persons as deemed necessary.
(2) The Eastern Caribbean Central Bank and the Financial Intelligence Authority shall, as soon as is reasonably practicable after an entity is de-listed as a specified entity and funds or other assets are unfrozen, communicate the de-listing and the unfreezing through a medium it considers appropriate, to all financial institutions and to other persons as considered necessary.
(3) The Eastern Caribbean Central Bank and the Financial Intelligence Authority shall maintain and make available to the public an updated list of all specified entities and entities that have been de-listed as specified entities.
(Inserted by Act 8 of 2023)