The Cayman Islands Financial Services Institute (FSI) is pleased to host this Seminar on the New Defence Against Money Laundering (DAML) Regime, bringing together key stakeholders from the financial services sector to discuss one of the most significant recent developments in the jurisdiction’s anti-money laundering framework. With the introduction of the DAML regime under the Proceeds of Crime Act, professionals across the entire Cayman Islands financial services sector including compliance professionals, must understand the new reporting obligations and their impact on existing procedures and operations.

This seminar will provide an in-depth overview of the new regime, with a keynote presentation from the director of the Financial Reporting Authority (FRA), who will outline the rationale, compliance expectations, and operational considerations associated with DAML requests as well as presentation from a legal expert of the legal risks and implications. Following these presentations, a panel of industry experts will explore practical implications, challenges, and best practices for adapting to this regulatory change. Attendees will also have the opportunity to engage directly with experts during an open Q&A session.

Whether you are a compliance officer, other professional working in the financial services provider, or a regulator, this event will offer essential insights into this key change in the AML landscape in the Cayman Islands.

Featuring presentations and a panel discussion by:

Robert J Berry, Director, Financial Reporting Authority (FRA)

Paul Byles, Director, FSI

Róisín Liddy-Murphy, Partner and Head of Regulatory & Risk Advisory, Cayman Islands, Conyers

Sandra Edun-Watler, Consultant, Edun Watler Consulting

The half day seminar by the Financial Services Institute (FSI) is designed to help directors better understand the CIMA Rule and Statement of Guidance on Corporate Governance, and how to better manage legal, AML and audit risks.

This seminar is designed to equip directors with the knowledge and tools needed to navigate the complex landscape of corporate governance in the Cayman Islands, ensuring they are well-prepared to fulfil their roles effectively and in compliance with all relevant regulations.

Featuring presentations and a panel discussion by:

Stephanie Azan, Deputy Head, Onsite Inspection Unit, CIMA

Rohan Bromfield, Head of the Fiduciary Services Division, CIMA

Paul Byles, Director, FTS

Roisin Liddy-Murphy, Partner and Head of Regulatory Risk Advisory, Conyers

Dara Keogh, Managing Partner, Grant Thornton

The half day seminar by the Financial Services Institute (FSI) is designed to help CEOs, board members and Compliance staff with preparing and undergoing an onsite inspection by the Cayman Islands Monetary Authority.

Featuring presentations and a Q&A panel discussion by:

Stephanie Azan, Deputy Head, Onsite Inspection Unit, CIMA

Scott Blench, Senior Manager, AML Advisory, Grant Thornton Cayman Islands

Razaak Busari, Head of Onsite Inspections Unit , CIMA

Paul Byles, Director, FTS

Dara Keogh, Managing Partner, Grant Thornton Cayman Islands

Abubakar Nyanzi, Deputy Head, AML Division, CIMA