AML Risk Management for Corporate Administrators

This seminar provides AML training specific to the activities of those working within company administration and corporate services in the Cayman Islands.  The seminar will be a combination of presentations and a hands-on due diligence workshop. It will help participants to better understand how money laundering occurs through companies, and why various types of documents are collected during client onboarding. It will also address various red flags for those involved in day-to-day company administration activities.

For all staff in the legal and corporate services sector.

Featuring presentations from Paul Byles of FTS and Angela Mele of RiskPass Compliance.

Date:

Monday, March 7^th 2022, 9 am to 11:30 am

Registration Fees

CI $400 / USD $488

 

Agenda

9:00 to 9:05

Brief welcome remarks

9:05 to 9:35

AML refresher: How money laundering occurs via corporate structures, by Paul Byles, Director, FTS.

9:35 to 10:35

Due Diligence Workshop for Corporate Services, facilitated by Angela Mele, of RiskPass Compliance & Paul Byles, FTS

10:35 to 10:55

COFFEE BREAK.

10:55 to 11:30

Q & A Discussion with Angela Mele, and Paul Byles.

OUR SPEAKERS:

Angela Mele, Founder, RiskPass AML+Compliance Ltd.

Angela Mele has over 20 years of international financial services experience, having worked at Leeds Management Services in Bermuda, then at the Cayman Islands Monetary Authority, and most recently with Citi Hedge Fund Services (Cayman) Ltd.

Angela left her position as Head of the Compliance & Training Division of Citi in December 2007 to take over management of RiskPass Compliance+AML Ltd.

Angela is a Certified Anti-Money Laundering Specialist (CAMS) and is a member of the International Compliance Association (MICA).  Also, she holds a Bachelor of Arts Degree from the University of Western Ontario, London, Canada,  with a concentration in History and Politics, a Bachelor of Education from York University, North York, Canada, and received the designation of Certified Advanced AML Audit Specialist (CAMS-Audit) in January 2014.

 

Paul Byles, Director, FTS

Paul Byles is Director of FTS, which provides regulatory 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 head of regulatory and economic consulting services of a big four consulting firm. He is a former Head of Policy at the Cayman Islands Monetary Authority where he drafted the original Guidance Notes on Prevention and detection of Money laundering for the Cayman Islands and many formal regulatory policies and guidelines issued by CIMA for the financial services industry.

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 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.