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    Local experts combine for key AML training session: Includes updates to Cayman’s anti-money laundering framework over past 12 months

    Posted: November 6, 2020
    Two of the country’s best-known experts on the Cayman Islands’ anti-money laundering framework have united to offer a refresher training session for the local compliance and risk management industry, Thursday, 25th November, 9am to 12:30pm. Ms Angele Mele, Founder of RiskPass AML+Compliance Ltd. and Mr Paul Byles, Director of FTS, are former regulators of the […]

    AML Steering Group highlights significant progress to date

    Posted: November 3, 2020
    As the Observation Period by the Financial Action Task Force (FATF) came to a close on October 23rd, Cayman’s Anti Money Laundering Steering Group (AMLSG) highlighted 10 key milestones which the Cayman Islands has achieved to date. Key highlights include: An updated National AML/CFT Strategy 2019-2022, which was published in September 2019. Targeted AML/CFT risk […]

Paul Byles

Paul Byles is founder and Director of FTS, which provides regulatory, economic and management consulting services. He is an experienced economist and finance professional having worked in the financial services industry for 25 years. He is a former director of a big four consulting firm and a former Head of Policy at the Cayman Islands Monetary Authority. He is also former chairman of the financial services council, an advisory body to the Cayman Islands Government. He is author of the book ‘Inside Offshore’ which focuses on the reputation of the Cayman Islands as a financial services jurisdiction and author of ‘Offshore Financial Services: a BVI text’, published in 2014. He serves as an independent director on a number of financial services and local operating firms. He is currently President Elect of the Cayman Islands Chamber of Commerce, having served on its council since 2014.

He holds a Masters Degree in economic development from the London School of Economics, and a Master Degree in Economics from Birkbeck College in the UK as well as a Bachelors Degree from Pace University in New York.

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