CIMA has recently clarified that it expects ‘natural persons’ to be appointed to the positions of MLRO, DMLRO and AMLCO to all financial services businesses, including investment funds.Read More
As the financial services industry looks to implement changes in their procedures to comply with the revised Anti-Money Laundering Regulations which came into effect earlier this month, a new seminar aims to quickly bring all professionals up to speed on the changes.Read More
There are several key amendments to the Anti-Money Laundering Regulations (2017), which came into effect in the Cayman Islands on October 2nd. Two of the key changes are summarized below:Read More
A unique seminar is aimed at helping local financial services firms carry out their own ‘compliance health check’ will be held at the Grand Cayman Marriott Beach Resort on September 11th.
The seminar will be delivered by experts from PwC in partnership with FTS, a local management consulting and training services firm.
Presentations will be made by PwC Partner Robert Stanier who will be joined by other speakers and panellists which will include; Mr. Don Ebanks from DMS, and Mr. Peter Colegate from Appleby.Read More
A unique seminar aimed at helping local insurance firms prepare for regulatory inspections from CIMA will be held at Willow House, Cricket Square, on July 11th, 2017.
The seminar which is being organised by local management consulting and training company FTS, will feature CIMA’s Deputy Head of Insurance Mr Raz Busari as well as FTS Director Paul Byles.Read More
The Cayman Islands financial services industry offers many great career opportunities for Caymanians. The industry currently employs around 4,000 Caymanians. But in a country where financial services makes up more than half of the country’s GDP, and half of all government revenues, we can encourage even greater participation within the sector by increasing exposure to the many types of services and career opportunities in the sector.Read More
A new seminar series is being launched to give participants insights into the working of the country’s financial services industry.
The two part seminar is being organized by FTS, a local consulting company, and brings together experts from the financial services industry who will introduce several industry areas including banking, trusts, hedge funds and captive insurance, among others.
“It’s the perfect first step to learning more about the various financial services, how they work and why clients use them”, Paul Byles, Director of FTS, said.Read More
A hands on seminar on preparing for your next regulatory inspection for CEOs and Compliance professionals.
Expert Panel Discussion – Get real world tips from an interactive panel discussion featuring Jordan Mclean (CIMA Onsite Inspection Unit), Angela Mele (RiskPass), and Sandra Edun-Watler (President of the Compliance Association).
For more information and how to register click here.Read More
The current consensus on the possible impact of Brexit on the Cayman Islands and indeed the Caribbean is simply that it all depends on the final Brexit deal negotiated between the U.K. and the EU. But there are a number of reasonable implications and we need to prepare for them.
A so called “hard Brexit” is by all accounts the more likely scenario if we are to believe the most recent reports, suggesting that when the ink dries on the U.K.’s deal to exit deal the EU, there will be immediate consequences for everyone. “Hard” also implies that the negotiations will be tough, and that means not only tough in terms of legal, trade and regulatory considerations, but also in terms of political ramifications.Read More
A unique seminar aimed at helping local financial services firms deal with regulatory inspections from CIMA will be held at the Kimpton Resort on April 20th.
The seminar features an expert panel featuring industry professionals and senior members of CIMA’s onsite inspection team and is aimed at helping CEOs and compliance staff better understand how to prepare for and deal with issues surrounding CIMA inspections.Read More