AML Compliance

AML Compliance

FTS leadership includes widely known experts in the AML space with unmatched knowledge of the Cayman Islands anti money laundering regime. Our distinct advantage in this area comes from former CIMA experience including drafting the AML Guidance Notes for the jurisdiction, development of dozens of written regulatory policies and procedures and delivery of expert AML training to more than a thousand financial services professionals over the years. Our independent outsourced AML compliance services include: 

  • Anti-Money Laundering Compliance Officers (AMLCO)

  • Money Laundering Reporting Officer (MLRO) & DMLRO

  • AML Audits

  • AML & Business Risk Assessments (BRA)

  • AML Training Services for Staff and Board Members

AML 360°

AML360° is FTS’ comprehensive support service for firms and compliance professionals.  AML360° is best suited to smaller or less active firms as an alternative to hiring a full time Compliance or as support to a busy Compliance Officer in a larger firm.

Our clients are able to select a combination of the following services and will be able to secure the following services at a fixed rate annually:

  • One annual AML/CFT Internal Review to test your systems

  • Two AML/CFT training sessions per year

  • One Policy & Procedures manual update each year

  • Up to 5 hours of advisory calls/meetings per year

  • Serve as company’s AMLCO, MLRO, DMLRO

Whether your challenge is “wearing too many hats” or “not enough time”, or you just need occasional technical support, you can count on AML360 ° for the experience and technical expertise to maintain an effective compliance program.

Contact us to discuss how AML360° can help you.

  • AML Compliance

    FTS leadership includes widely known experts in the AML space with unmatched knowledge of the Cayman Islands anti money laundering regime.

    Discover more
  • Economic & Business Advisory

    FTS is vastly experienced in providing economic and business consulting services to dozens of private and public sector clients.

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  • FATCA & CRS

    FTS helps financial services providers to navigate information sharing obligations and ensure the effectiveness of their systems.

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  • Regulatory Advisory

    FTS recognizes that many clients need clear outsourced solutions to ongoing and unexpected regulatory compliance matters.

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Further reading

Further reading

  • NEWS ARTICLE

    Drafting Effective Risk Management Policies: Funds and SIBs

    With the official roll out of CIMA’s recent rules and statements of ...

    Published On: October 30, 2023
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  • NEWS ARTICLE

    Caribbean IFCs Complete AML Endurance Challenge

    Written by Paul Byles for IFC Review 'Caribbean IFCs Complete AML Endurance Challenge' ...

    Published On: October 9, 2023
    Read more

  • NEWS ARTICLE

    FSI Diplomas offer upskilling opportunity as registration begins

    The Cayman Islands Financial Services Institute (FSI) has commenced registration for its ...

    Published On: August 15, 2023
    Read more

  • NEWS ARTICLE

    Spectrum 2023 Conference Imagines Future for Financial Services

    Spectrum 2023 – the Cayman Islands financial services conference that examines global ...

    Published On: August 4, 2023
    Read more

  • NEWS ARTICLE

    New Normal Keeps Caribbean IFCs On Guard In 2023

    Written by Paul Byles for IFC Review 'New Normal Keeps Caribbean IFCs On ...

    Published On: August 3, 2023
    Read more

  • NEWS ARTICLE

    Partnerships in Scope of CIMA Sanctions Regime

    The Cayman Islands government has taken steps to strengthen the jurisdiction’s AML ...

    Published On: April 4, 2023
    Read more

  • NEWS ARTICLE

    Cayman Resumes Beneficial Ownership Transparency Consultation

    A second round of Industry consultation is now underway for the Cayman ...

    Published On: March 28, 2023
    Read more

  • NEWS ARTICLE

    Spectrum 2022 hits the mark, brings ESG to the forefront

    This year’s Spectrum, the new financial services conference, saw over 200 stakeholders from the industry participate in ...

    Published On: September 14, 2022
    Read more

  • NEWS ARTICLE

    Paul Byles talks to Loop on the focus of Spectrum 2022

    Published by Loop Cayman Loop catches up with local economist and financial ...

    Published On: September 2, 2022
    Read more

  • NEWS ARTICLE

    International and local AML industry experts participate at Risk Management Seminar for Directors

    Over 50 delegates joined industry experts at the FTS AML Seminar ...

    Published On: July 27, 2022
    Read more