ACAMS Barbados Chapter

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Upcoming Barbados Chapter learning events will be announced soon.

Welcome and thank you for visiting the ACAMS Barbados Chapter website.

Our vision is to promote ACAMS as a platform for career development and networking for AML/CTF professionals in Barbados, by providing workshops and events of local and international interests, to share experiences and expertise, to enhance the level of competence of its members and develop best market practices.

Our mission is to create a forum for continuing education and supporting network opportunities with AML and Financial Crime industry experts, to build strong relationships with other professionals who share the same commitment to protect their institutions and communities, and to promote the welfare of our financial system.

Upcoming Barbados Chapter learning events will be announced soon.

Louis Parris

Louis Parris
Board Member

Louis has a background in commercial and retail banking, having had a very successful career with Barclays Bank where he gained invaluable experience culminating in the position of Senior Marketing Manager for the Caribbean Region. Other roles included:

  • Managing several banking branches in the Caribbean. This entailed a deep understanding of the operational aspects of banking, correspondent banking, credit risk policy and execution and internal audit functions.
  • Training at the level of Assistant Manager of the bank’s Training Centre. Major accomplishments include the design and delivery of new courses and the introduction of innovation in visual aids for more effective learning.
  • Designing several new products which met the compliance standards for the industry and required a comprehensive understanding of the relationship between compliance and product development.
  • Responsibility for marketing the bank’s products and services throughout the Caribbean in the role of Regional Marketing Manager. In this role Louis created the bank’s first and highly successful Quality, Sales and Service programme. This required the extensive formulation of manuals, reports and assessment tools to deliver and support the programme along with Caribbean wide training.

On leaving Barclays, Louis earned the Certified Anti-Money Laundering Specialist (CAMS) and CAMS-Audit advanced certifications from ACAMS. Louis is also a Fellow of the UK based International Compliance Association where he obtained the ICA Diploma in Anti=Money Laundering awarded in association with the Manchester Business School-The University of Manchester.

Louis  is currently a consultant specializing in the areas of AML Independent Audits, AML Compliance Training, Lending Risk Analysis , Policy Formulation and Entrepreneurial Training. He has also recently become a Certified Assessor and External Verifier for the Barbados Technical and Vocational Education and Training (TVET) Council which offers an extensive range of NVQ qualifications. Louis has also provided risk analysis training for the Eastern Caribbean Institute of Banking.

Louis is a founding member of the Barbados Association of Compliance Professionals Inc., sits on the board of the association and is the chairman of their Policy Committee. In this role he has, over the past 3 years successfully led the implementation of the Governance protocol and documentation for the association.

Louis is currently enjoying the positive feedback from writing a series of articles in the Barbados Business Authority newspaper which seek to give the public an appreciation of the AML Compliance issues which affect the economy and individuals. He has also published an article in UK journal “Money Laundering Bulletin”.


Cyralene Benskin-Murray

Cyralene Benskin-Murray
Board Member

Mrs Cyralene Benskin-Murray is the General Counsel and at various times has acted as the Deputy Chief Executive Officer (Ag) – Supervision and Regulation, of the Financial Services Commission “Commission” – Barbados. In her role as General Counsel, Mrs Benskin-Murray acts in support of the Chief Executive Officer and the Commission with respect to actions under the plethora of legislation administered by the Commission and recommends legislative changes as well as participates in the formulation of policy and regulations for the overall system of financial regulation.  Mrs Benskin-Murray also directs and supervises the internal Anti-Money Laundering (AML) Team with responsibility for developing and refining the regulatory AML framework and monitoring of non-bank financial institutions for Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) compliance.

Mrs Benskin-Murray is an experienced negotiator and an attorney-at-law of over 25 years’ experience and holds a Masters in Regulation and Policy. She has spent most of her career, as in-house counsel, working in industry where her focus has remained on assisting executives in finding solutions that are beneficial to the organisation and the clientele they serve.

She was the first General Counsel of the Fair Trading Commission – Barbados and the former Assistant Director of the Bermuda Monetary Authority (BMA). She has had extensive experience working in the off-shore insurance industry, both in Barbados and in Bermuda, specifically with X.L. Insurance Company Limited and the BMA.  Mrs Benskin-Murray also worked for the Corporation of the City of London (Ontario), the agency responsible for governance of the municipality of 350,000 citizens of London, Ontario. She is a former law lecturer to business professionals in the areas of contract and tort.

Mrs Benskin-Murray, a Canadian lawyer, became a member of the Law Society of Upper Canada in 2001 and has been a member of the Barbados Bar since 1987 and the Bermuda Bar since 1992 and is also a Certified Anti-Money Laundering Specialist.  Mrs. Benskin-Murray has sat on several Boards and is a regular moderator and presenter at key industry conferences.


Niegel Pierre

Nigel Pierre
Board Member

Nigel has been in IT for 20 years serving in various capacities. Currently the Compliance Architect, he has developed and maintain compliance based solutions and focus primarily on their design. Nigel recently designed and developed the AML risk rating solution for my organization. He has also focused on FATCA, CRS and GDPR, all of which I have developed solutions for.

Prior to this, Nigel was in the capacity of IT Architect responsible for the design of IT solutions. Focused on developing systems at the enterprise level, integration with numerous backend systems and high degree of automation with a focus on self-service, enhanced reporting, enhanced efficiencies through automation as well as increased synergies at the group level.

As a senior, experienced IT resource, he designs solutions, develop business cases and speak to infrastructural solutions to meet the business needs. He has had the responsibility for application development, database management, portals, all external web sites, R&D as well as an integration HUB; he also has extensive project management experience. Technical knowledge spans the management of web based infrastructure, data marts, budgeting and costing, training, application development, design of IT solutions and infrastructures, reporting systems, process design and application development, the later which is distributed via web technologies. In the operations area, he is involved in the problem solving as well as refinement of those processes.

Hobbies include tennis and liming with friends.


Candice Huggins

Candice Huggins
Chief Compliance Officer, CIBC FirstCaribbean International Bank
Board Member

Candice Huggins’s extensive experience spans over 20 years of work in the Legal, Risk Management and Regulatory Compliance within the Financial Services Sector with specialization in international financial services, compliance and risk management in areas such as Banking, Securities, Trust and Fund Administration.  She has worked in both the private and public sectors in multiple jurisdictions (Cayman Islands, British Virgin Islands, Barbados, Trinidad and Tobago and Canada).

She has been active on the AML/CFT and Compliance circuit and has conducted and facilitated a number of speaking engagements at the Caribbean Group of Securities Regulators (CGSR), Chapter Meetings of the Global Association of Risk Professionals (GARP), the Caribbean Financial Action Task Force (CFATF), Regional Central Banks’ Legal Seminar Series the Caribbean Anti Money Laundering Program, the University of the West Indies and most recently at the prestigious Florida International Bankers Association (FIBA), April 2018.

Candice has advised extensively on regional AML/CFT, Fraud and Risk issues through her work with international bodies such as the IMF, CFATF, World Bank and the OAS. Specifically, she has served as a Consultant for regional and international projects such as the CFATF (Caribbean Financial Action Task Force) Mutual Evaluation and Country Assessment and Preparation programs and the International Monetary Fund/World Bank Offshore Caribbean Pilot Project on AML/CFT Compliance.

Candice has litigated in the area of white-collar crime contributing to the jurisprudence of the Region as well as developed and implemented risk and compliance programs for Credit Unions, Banks, Trust & Company Service Providers, Securities Companies and Real Estate Agents.

Candice has since 2016 been extremely active on the Correspondent Banking Issue facing regional jurisdictions. She has represented CIBC FCIB at the multiple seminars facilitated by the IMF/WB over the period 2017-2018 in Barbados, Jamaica and most recently in the Bahamas. Candice has also had significant input in the conversation around the loss and retention of correspondent banks in the Region (Reasons, Rationale, Solutions). She also participated in the Dialogue sessions hosted by the US State Department/US Correspondent Banks/Respondent Regional Banks/Governments and Statutory Authorities in Jamaica and Antigua.

Candice has most recently extended her regulatory and risk management scope to the area of Cybercrime and as a result has in October 2018 attained a Certificate in Cybersecurity Risk Management from Harvard (Office of the Vice Provost for Advances in Learning)

Candice is a graduate of the University of the West Indies from which she holds a Bachelor’s degree in Law (LLB) and Legal Education Certificate (LEC).  She is admitted to practice in the British Virgin Islands, Cayman Islands and Trinidad and Tobago jurisdictions. Candice also holds an accreditation in Global Association of Risk Practitioners (GARP) and served as the Deputy Director of the Caribbean Chapter of GARP from 2013 – 2015.


De Von Hunte

De Von Hunte, CAMS
Central Bank of Barbados
Board Member

De Von Hunte is a Bank Examiner in the Bank Supervision Department of the Central Bank of Barbados. The Bank Supervision Department is charged with the responsibility of supervising entities licensed under the Financial Institutions Act, Cap. 324A and the Financial Institutions (Amendment) Act, 2018-51. As a Bank Examiner, De Von monitors assigned licensees on an on-going basis to identify significant activities, inherent risks and assess the quality of risk management, financial soundness and compliance with statutory requirements and prepares relevant reports. She participates in various risk-based onsite inspections some of which have included the review of ML/FT risks. De Von has been an active and certified member of ACAMS since 2016.


Beverly Best

Beverly Best
Board Member

Beverley Best is the Compliance Manager at J&T Bank and Trust Inc. She is responsible for ensuring that the Bank’s compliance mandate is fulfilled.  Beverley also has responsible for risk management and she manages the activities in these two areas in line with regulatory requirements, to ensure compliance.

Prior to joining the Offshore Industry in 2015, Beverley worked as a banking professional at two International Banks, Barclays International Bank and CIBC FirstCaribbean International Bank. During her career at Barclays, Beverley worked her way through the ranks to management and continued working at management level in CIBC FirstCaribbean.  Her roles included responsibility at a regional level; this gave her the opportunity to work closely with the other branches across the region.

Beverley received her ACAMS designation as Certified Anti-Money Laundering Specialist in July 2018 after completing the required studies in this area.

Beverley enjoys the outdoors and is an avid hiker; she takes part in endurance hikes on a regular basis.


Deidre Marquez-Padmore

Deidre Marquez-Padmore
Board Member

Mrs. Deidre Marquez-Padmore is an Attorney-at-Law of 10 years’ experience and a Manager in the PwC Corporate Services practice in Barbados. Prior to joining PwC Deidre worked with the Financial Services Commission “Commission”, in Barbados for seven (7) years  as its first Legal Officer, providing a key advisory role to the core functional streams of the Commission. In this capacity, Deidre assisted the General Counsel and advised the Commission’s Board and senior management on regulatory, corporate, compliance, Anti-Money Laundering and Countering Financing of Terrorism and other matters primarily pertaining to the supervision of non-bank financial institutions in Barbados.

Deidre has had the opportunity to act as General Counsel of the Commission on several occasions and a representative of the Commission both on internal and external committees including: the Commission’s internal International Monetary Fund – Financial Sector Assessment Program committee; meetings of the Caribbean Group of Securities Regulators (CGSR); Barbados’ Joint policy Working Group and the 2013 Caribbean Regional Meeting on the Ratification and Implementation of the United Nations Convention Against Corruption – hosted by the United Nations Office on Drugs and Crime in collaboration with the Office of the Attorney General. Deidre has also been instrumental in assisting with the establishment and implementation of several legislative amendments, guidelines, policies and procedures at the Commission, including the ‘Anti Money Laundering/Combatting Terrorist Financing Guideline for Financial Institutions Regulated by the Financial Services Commission’.
Deidre is a graduate of the University of the West Indies holding a Bachelor’s degree in Law and the Legal Education Certificate from the Hugh Wooding Law School.  She is admitted to practice in the jurisdictions of Barbados and Grenada.
Deidre also holds an ICA International Advanced Certificate in Compliance (Anti-Money Laundering) from the International Compliance Association in association with the University of Manchester School of Business and attended several regional and international workshops and seminars in the areas of regulation and Anti-Money Laundering. 


Abena Agard

Abena Agard
Board Member

Ms. Abena Agard is an experienced financial professionalof over 10 years’ experience withextensive knowledge of regulated industries, public companies and capital marketsin Barbados. She specializes in regulatory compliance inSecuritiesand Fund Administrationand is a Senior Analyst (Ag) withinthe Securities Division at the Financial Services Commission “Commission” –Barbados.

Since 2012, in her various capacities at the Commission, she has attending many regional and international seminars, conferences and training courses related to her various spheres of responsibilities. Her responsibilities include ensuring regulatory compliance of regulated entities, the preparation of guidelines including Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) and repurchase agreements, policy development to support reform to securities and mutual fundlegislation. She has provided technical support on national initiativessuch as the 2016 World Bank’s National Risk Assessment and Mutual Evaluation, and the 2012/2013 International Monetary Fund’s Financial Sector Assessment Programthrough the Commission’s internal working groups.Presently, Ms. Agard also co-leads the Commission’s AML/CFT Working Group with responsibility for developing and enhancing the regulatory AML/CFT framework for non-bank financial institutions.

Prior to joining the Financial Services Commission, she worked at an off-shore investment bank industrywithresponsibilities including trade execution and settlement, liquidity management, monitoring the custody of securities, providing fund administration services and maintaining mutual funds under management.

Ms. Agard is a graduate of the University ofthe West Indies from which she holds a Bachelor of Science (Hons.) in Economics and Accounts. She holdsan Associate Degree in French, Italian and German from the Barbados Community College; as well as a Certificate for the Canadian Securities Course from the Canadian Securities Instituteand a certificate in Financial Market Analysis from the IMF Institute. She has extended her professional scope to the area AML/CFT and as a result is pursuing the Certified Anti-Money Laundering Specialist certificationand is a member of the Association of Certified Anti-Money Laundering Specialists.

 


Denise Perez

Denise Perez
Co-Membership Director
ACAMS

Denise has been with ACAMS for eight years and has held various positions within the organization.  She was previously the account manager for all U.S. Government Accounts, managed all European accounts and is now the Head of Caribbean for ACAMS. 

Her various roles within ACAMS have given her a unique perspective into the interaction and balance between the public and private sectors relating to financial crime prevention.

Working with the Caribbean has been a highlight in Denise’s career as she has been able to work with some of the most committed and gracious people in the financial crime prevention industry.

Denise holds an Associate’s Degree in Legal Assisting and has been a Certified Anti-Money Laundering Specialist (CAMS) since 2016.