Cayman Islands:
New E-Studying Course Obtainable For Business
14 Might 2020
Cayman Finance
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In February 2020, the Authorities’s Nationwide Coordination
Group for the Anti-Cash Laundering Steering Group (AMLSG), in
collaboration with Cayman Finance, launched free on-demand classes
on the Cayman Finance eLearning platform entitled “Combating
Monetary Crime within the Cayman Islands”.
We’re happy to announce {that a} new collection of programs on the
Dangers within the Cayman Islands is now out there. The teachings summarize
the outcomes of not too long ago performed danger assessments on the nationwide
degree.
Lawyer Basic Hon. Samuel Bulgin, QC identified that the
eLearning programs kind an vital a part of the remediation efforts
the Cayman Islands has undertaken to reinforce its AML/CFT regime in
response to the Mutual Analysis Report printed in March
2019.
“One of many primary goals of this initiative is make the
data of the audio system extensively out there, together with to each
one who works in a enterprise required to adjust to the AML/CFT
legal guidelines and rules of the Cayman Islands, no matter whether or not
this particular person works within the Cayman Islands or abroad,” the
Lawyer Basic said.
The teachings had been recorded by employees members of the Nationwide
Coordination Group, volunteer personnel from legislation enforcement
businesses and from the competent authorities who supervise numerous
related monetary sectors.
These new classes have been added to the earlier modules,
specifically:
Overview of Monetary Crime
Overview of Authorities Construction and CFATF Course of
AML CFT Legislative Framework
The modules, that are free, self-paced and on demand, are
meant to facilitate the cascading of the FATF requirements
all through all ranges of business. Business members can select the
modules that finest meet their duties, or full them
all.
Subsequent modules will cowl obligations referring to SARs, the
authorized occupation and the accounting occupation.
As extra content material is developed, business members shall be notified
when subsequent modules can be found on Cayman Finance’s
e-learning platform.
The teachings can be found at:
www.coaching.cayman.finance
Initially Printed 21 April, 2020
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