June 24, 2020 | Events
AML/CFT Risk Assessment Webinar
The Anti-Money Laundering Unit (AMLU), on behalf of the Anti-Money Laundering Steering Group (AMLSG), hosted a ML/TF Risk Assessment Webinar on the 5th of June, 2020.
This webinar was specifically designed for MLROs and MLCOs from financial institutions and DNFBPs, with a purpose to keep financial institutions and DNFBPs up-to-date regarding risks, in order to mitigate them and play their role in safeguarding Cayman’s future as a leading global financial jurisdiction. There were 175 participants for this event.
Sandra Edun-Watler, President of the Cayman Islands Compliance Association (CICA) was the moderator for this event.
Speakers for this event included Elisabeth Lees, National Coordinator, who spoke on the Legal Persons & Arrangements Risk Assessment; Francis Arana, Head of the AMLU, who spoke on the International Components of Risks Faced by the Cayman Islands as an International Financial Centre; and Adam Roberts, Legal Advisor, FRA, who spoke on Identifying Suspicious Activities and Filing SARs Related to Terrorism Financing.
Other panel members during the question and answer session included Justine Plenkiewicz, Deputy National Coordinator; and Duwayne Lawrence, Sr. legal and Policy Officer, AMLU.