Join us for an interactive session covering the latest on Anti-Money Laundering. The two-hour session will include:
Part 1
A panel discussion with Claritas' Elisabeth Lees, Ogier's Georgia Scott and Kelli Koutney, from PwC.
- 2024 AML amendments, SARS requirements and consent regime, their impact and Cayman's response
- Current FATF proposed amendments to the standards
- Trends in regulatory tech and the impacts on small vs. large practices
Part 2
Presenter Tony Shiplee, from Mourant Consulting in the Channel Islands, will cover:
- The fundamental differences between the fourth round and fifth round assessments
- The methodology to be employed by the CFATF in the fifth round assessment, including how things will be assessed and rated and the types of information and data that will be considered by the assessment team
- What the Cayman Islands finance industry as a whole might expect to see and do in the lead up to the evaluation, and what the Islands' agencies may be doing as well
- A high-level overview of the 11 Immediate Outcomes that Cayman will be assessed against
- A look at IO4, which is of particular relevance to entities supervised by CIIPA for financial crime purposes
- A review of how other IFCs and some major nations have fared in their fifth round assessments picking up on areas of strength and weakness identified by the assessors
- Specific hot topic areas that entities can focus on in the lead in to the next evaluation e.g. NRA, BRA and Customer Risk Assessments, Compliance/Ongoing monitoring, PF and TF and more
- A Q&A session with Tony and Alfred Tweneboah, CIIPA's Director of Regulatory Affairs & Policy
Date: Wednesday, 26 February
Time: 2 - 4 p.m.
Location: Camana Bay Cinema
CPD: 2
Cost: KYD $90 for CIIPA members / KYD $110 non-members
Who should attend: AML professionals, advisors, and senior management seeking updates on evolving standards and regulations.
Additional Event Information:
Pictures: By attending this event, you agree to be photographed and/or filmed and give permission to use your likeness in promotional and/or marketing materials.
Cancellation Policy: Registrants may cancel without penalty if your cancellation is received 10 full business days prior to the event. Due to financial obligations incurred by CIIPA, no refunds or credits will be issued on cancellation requests received less than 10 full business days prior to the event.
Signing In: When attending any training event, please be sure to sign in to be able to receive your CPD certificate.
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