CHIEF EXECUTIVE OFFICER of the Financial Services Commission (FSC), Randy Graham, will be one of the distinguished speakers at this year’s ComplianceAid Caribbean Anti-Money Laundering & Financial Crimes Conference, being held in Miami, Florida.
Graham will be among other Caribbean leaders of regulatory, law enforcement and financial intelligence agencies, who will speak at the two-day conference which begins on March 10. The conference will focus on countering the financing of terrorism and financial crimes and will address a number of concerns for the region including Adhering to International and Regional Anti-bribery and Corruption Laws; Policies and Procedures Meeting Regulators’ Expectations; The Compliance Function from an Operational Perspective, and Money Laundering Trends and Caribbean Topologies. Graham will speak on How to End an Insurance Relationship Under AML.
The CEO said that because Barbados has always “zealously guarded its pristine reputation as a stable and well-regulated financial centre”, FSC was encouraged to be contributing to the conference at this level. “Barbados is preparing for a Caribbean Financial Action Task Force (CFATF) Mutual Evaluation of AML/CFT matters in 2016 and our being asked to deliver a key address at this important conference is international recognition of FSC’s commitment to ensuring that we embrace anti-money laundering regulation and combat financing of terrorism, not only in this country, but also beyond our shores,” he added.
Graham maintained that FSC continues to place heavy emphasis on staying current with various changes to the international regulatory framework. He stated that its attention to AML/CFT matters was another example of the regulatory agency’s corporate policy where these issues were concerned. (PR)
