financial services institute
About the Course
This seminar provides an overview of the Cayman Islands AML regime and introduces the key aspects of the Guidance Notes on the Prevention and Detection of Money Laundering, Terrorist Financing and Proliferation Financing in the Cayman Islands. The course allows one to understand the purpose of the Guidance Notes within the wider regulatory framework in the Cayman Islands. Different types of customer due diligence are discussed as well as an awareness of the situations each type can be applied.
Course details
Date: Thursday, 18 April 2024
Time: 9:00am – 12:00pm
Venue: The Loft, Compass Centre
Cost: $300KYD / $357 USD
$357.00Register now
What’s on the agenda?
| Time | Description |
|---|---|
| 9:00 am | Welcome |
| 9:20 am | Presentation by Justine Plenkiewicz, Co-founder, Claritas |
| 11:00 am | Q&A Panel Discussion by Justine Plenkiewicz, Co-founder, Claritas, and Paul Byles, Director, FTS |
| 11:30 am | Online testing & wrap up |
Topics Covered
Overview, definitions and risk of:
- Money Laundering, Countering Terrorist Financing, Targeted Financial Sanctions, Proliferation Financing
- Regulatory Framework
- A review of the layout of the Guidance Notes
- Overview of the Products and Services offered in the Cayman Islands
- Customer Due Diligence
- CCD applied to different scenarios
- Enhanced Due Diligence
- Politically Exposed Persons (PEPS)
- Risk Based Approach
- Internal Control and Audit Functions
