ACAMS Anti-Financial Crime/CFT Symposium: Barbados

  • When: Friday, May 31, 2019
  • Where: Bridgetown, Barbados
  • Venue: Ross University School of Medicine Campus
    Bridgetown, Barbados

This one-day interactive seminar provides in-depth presentations and discussions covering key areas in AML compliance and financial crime prevention with a focus on issues relevant to compliance professionals in the Caribbean Region.

Agenda

7:45 AM – 8:45 AM Registration and Networking Breakfast
8:45 AM – 9:00 AM Keynote Remarks
9:00 AM – 10:30 AM Regulatory Update: The FATF Mutual Evaluation and Ongoing Compliance Expectations
10:30 AM – 10:45 AM Networking and Refreshment Break
10:45 AM – 12:00 PM Keeping Current: Staying Ahead on Sanctions
12:00 PM – 1:15 PM Networking Luncheon
1:15 PM – 2:45 PM Best Practices for Obtaining and Maintaining Correspondent Banking Relationships
2:45 PM – 3:00 PM Networking and Refreshment Break
3:00 PM – 4:30 PM Managing the AML Risks of New Payment Systems Including FinTech and Cryptocurrencies
4:30 PM – 5:00 PM Feature Address

*Program is subject to change

Pricing

ACAMS Members Non-Members
$395 $495

Registration Closed

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For special Government Rates, please contact salescaribbean@acams.org.

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Feature Address:

Honourable Mia Mottley
  • Honourable Mia Mottley

  • Prime Minister of Barbados

Bio

The Honourable Mia Mottley is the 8th Prime Minister of Barbados. She became the first woman to occupy that high office, following General Elections on May 24th 2018, in which she led the Barbados Labour Party to an emphatic victory, winning all 30 seats in the House of Assembly by the largest margin ever seen in the electoral history of the country.

An attorney-at-law and Queen’s Counsel, Prime Minister Mottley has been active in the political life of Barbados for almost three decades. First elected in 1994 she is presently in her sixth term as Member of Parliament for the constituency of St. Michael North East.

From 1994 to 2008 Miss Mottley served in the Cabinet of three successive Administrations, first as Minister of Education and Culture, then Attorney General and Minister of Home Affairs, and then Minister of Economic Affairs. In 2003 she was appointed Deputy Prime Minister.

Prime Minister Mottley currently also holds the portfolios of Minister of Finance, Economic Affairs and Investment.

Keynote Remarks:

The Honourable Ronald Toppin M.P.
  • The Honourable Ronald Toppin M.P.

  • Minister of International Business and Industry, Barbados

Bio

Ronald Toppin is a Barbadian politician and a current Cabinet Minister.

Widely regarded as the as the model representative, it is no wonder that Ronald St. Clair Toppin has for six unbroken terms been the member of Parliament for the constituency of St. Michael North.

Toppin entered elective politics in 1991 and became the MP for St. Michael North in 1994. He served in Cabinet from 1995 until 2003. During the years 1995-1999 he served as Minister of State in the Ministry of Foreign Affairs, Tourism and International Transport. In 1999, upon the re-election of the BLP, he assumed the position of Minister of Commerce, Consumer Affairs and Business Development.

As Minister of State he successfully negotiated air services agreements with other countries and was responsible for the commencement of flights into Barbados by a number of airlines, including Virgin Atlantic out of London and Air Jamaica out of New York.

As Minister of Commerce, Consumer Affairs and Business Development, he introduced a significant number of Bills into Parliament, resulting among other things, in the establishment of the Fair Trading Commission and focused primarily on consumer protection.

Important legislation now in force as a result of Mr. Toppin’s work are: the Fair Trading Commission Act, the Utilities Regulation Act, the Fair Competition Act, the Small Business Development Act, the Bankruptcy and Insolvency Act and the Electronic Transactions Act.

He also established the Office of Public Counsel and the Consumer Claims Tribunal which give consumers the opportunity, free of cost, to enforce their rights against companies and businesses.

He returned to private practice as an attorney in 2003.

Toppin was relected to the Barbados House of Assembly in the 21 February 2013 General Election.

Toppin retained his seat in the 24 May 2018 election and was appointed Minister of International Business and Industry in the Mia Mottle Administration.

Speakers:

Kieran Beer
  • Kieran Beer, CAMS

  • Chief Analyst, Director of Editorial Content
  • ACAMS

Bio

Mr. Beer joined Fortent in May 2006 to launch a new compliance news and legal research service, Fortent Inform. With Fortent’s purchase of Alert Global Media in January 2007, Kieran became editor-in-chief and editorial director of ACAMS moneylaundering.com, incorporating Inform, Money Laundering Alert and moneylaundering.com.

Prior to joining ACAMS, Kieran was executive editor of Bloomberg Wealth Manager and a staff writer for Bloomberg Markets Magazine.

Kieran has been a financial journalist for more than 25 years, including as editor-in-chief of The Bond Buyer, founding editor of Thomson Municipal News/The Bond Buyer Wire and as the editor of the American Banker.

Kieran writes regularly on AML and financial crime related topics and has appeared on CNN, Sky News, and other news stations and has spoken on NPR and Bloomberg Radio.


Toussant Boyce
  • Toussant Boyce, CAMS

  • Head, Office of Integrity, Compliance and Accountability
  • Caribbean Development Bank

Bio

Toussant is an Attorney-at-Law admitted to practice in Guyana, Trinidad and Tobago and New York. He is also a banker, academic and Certified Anti-Money Laundering Specialist. He holds Master of Laws degrees in international financial law from Harvard Law School, USA and in commercial law from Cambridge University, UK with first-class together with a Ph.D. in international financial regulation from Cambridge University. He has presented and moderated in many countries and published in international journals on various subjects including commercial, banking and corporate law and international financial law and regulation.


Jennifer Clarke-Murrell
  • Jennifer Clarke-Murrell

  • Deputy Director (Ag.), Bank Supervision Department
  • Central Bank of Barbados

Bio

Mrs. Jennifer Clarke-Murrell is the Deputy Director (Ag.) , Banking Supervision, at the Board of Central Bank of Barbados. Mrs. Clarke-Murrell is a career Central Banker with over 20 year at the Bank, starting out as a Clerical Officer in the Statistics Section of the Research Department.

Mrs. Clarke-Murrell holds a Bachelor’s Degree in Accounting from the University of the West Indies, Cave Hill Campus and Master Degree in International Banking and Finance from the University of Southampton, Southampton U.K. She is also a trained 3rd and 4th Financial Round Assessor with the Caribbean Financial Action Task Force. She was a reviewer for the 4th round Mutual Evaluation of Jamaica and a financial assessor for the 4th round Mutual Evaluation of Antigua and Barbuda.

She presently sits of the Board of the Anti-Money Laundering Authority of Barbados as the representative of the Central Bank of Barbados.


Lisa Greaves
  • Lisa Greaves

  • Senior Analyst
  • Barbados FIU

Bio

Lisa Greaves is an attorney-at-law having been called to the Bar in 2001. She operated a general private practice with a focus on family law especially divorces and child maintenance and custody hearings as well as the administration of trusts and estates, before joining the Financial Intelligence Unit (FIU) as a Senior Analyst.

The emphasis on research and effective communication which is integral within the practice of law, made the transition to the FIU easier, since the FIU is the operational arm of the Anti-Money Laundering Authority, the national body that advises Government on Money Laundering and Terrorist Financing.

In addition, to being an attorney-at-law she has also tutored several law courses at the University of the West Indies Open Campus. Since joining the FIU, Lisa has represented Barbados at several regional and international conferences on anti-money laundering and counter-terrorist financing and is a Certified Anti-Money Laundering Specialist (CAMS). She also possesses a Bachelor of Arts Degree (Hons.) in English Literature.

Lisa has produced and performed in a number of theatre productions both at the University of the West Indies and for the Barbados Bar Association Annual Charity Concert.

By the way, she considers herself an “expert” on all things about Steve Harvey.


Kester Guy
  • Kester Guy

  • CEO
  • Financial Services Commission

Bio

Mr. Kester Guy is the Chief Executive Officer (CEO) of the Financial Services Commission (FSC) in Barbados. He joined the FSC in March 2016 as the Deputy CEO – Supervision & Regulation and had responsibility for overseeing regulatory issues in insurance, securities, credit unions and (occupational) pensions.

Mr. Guy has an extensive background in economics and finance and served as a central bank economist for over 10 years. His professional development also included being CEO of Barbados Deposit Insurance Corporation; Senior Economist at Central Bank of Barbados and Economist at the Central Bank of Trinidad and Tobago.

In addition to his BSc Economics and Mathematics (honours) and MSc Economics from the University of West Indies, Mr. Guy has specialised training in Macroeconomic Diagnostics; Financial Planning and Programming; Macro-prudential policy framework and has made presentations in regional and international forums on matters related to economics and finance.


Candice Huggins
  • Candice Huggins

  • Chief Compliance Officer
  • CIBC FirstCaribbean International Bank

Bio

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 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.


Melissa Leeds
  • Melissa Leeds, CAMS

  • Data Mitigation Support Specialist
  • Far Ridgeline Engagements, Inc.

Bio

Melissa is a Counter Transnational Organized Crime Financing Investigator with Metis Solutions with 12 years of financial analysis, data analytics, risk management, and compliance experience. In this role, her focus has been leveraging Suspicious Activity Reports (SAR), media search results, and commercial databases to investigate illicit financial networks to identify patterns of money laundering resulting in the seizure of over $1billion in illicit proceeds. Melissa has performed operational analysis and prepared insight reports for federal law enforcement units to include DEA Special Operation Division, FBI Terrorist Financing Office Section, and HSI Human Smuggling Cell.

Prior to joining Metis Solutions, Melissa was a Socio-Cultural Analysis Section Contract Team Manager where she managed a $1.5 million contract and lead her team of analysts to produce the highest number of annual products in the history of the directorate with over 200 reports. Melissa also successfully researched and devised strategies for investigating and mapping global financial networks that support illicit criminal finance activities and terrorist organizations as well as researched cultures to understand methodologies of informal illicit financial activities.

Melissa holds an MA in Criminology from the University of South Florida and a BA in Criminal Justice cum laude with a minor in German. She a Certified Anti-Money Laundering Specialist (CAMS) with additional ACAMS certifications in Counter Threat Finance and Trade Based Money Laundering.


Angela-Mele
  • Angela Mele, CAMS-Audit

  • Founder & Director
  • RiskPass AML + Compliance Ltd.

Bio

Angela Mele has 20+ years of international financial services experience, having worked initially in Bermuda and, for the past 19 years, in the Cayman Islands. Angela has six years of regulatory experience with the Cayman Islands Monetary Authority, and later was appointed Head of the Compliance & Training Division of Citi Hedge Fund Services in Cayman.

Angela is currently Managing Director of RiskPass AML+Compliance Ltd.,a full service compliance consulting firm located in Cayman. She has extensive experience designing and delivering in-house compliance programs, implementing FATCA and UK CDOT services, delivering bespoke AML/CTF training, and performing internal AML/CTF audits for various industries within the financial services sector throughout the Caribbean.


Rick McDonell
  • Rick McDonell

  • Former Executive Secretary
  • Financial Action Task Force (FATF)
  • Executive Director
  • ACAMS

Bio

Mr. McDonell is well known for his previous role as the Financial Action Task Force (FATF) Executive Secretary. The FATF was established in July 1989 by a G-7 summit in Paris, and examines and develops measures to combat money laundering and terrorist financing. Among Mr. McDonell’s many accomplishments at the FATF was the development of a new, standardized country assessment “methodology.” This expanded the focus of assessments beyond the initial implementation of FATF standards to examine their actual effectiveness in terms of supporting a reduction to financial crime levels-a dramatic change, which has enabled the strength of AML regimes to be clearly determined.

Under Mr. McDonell’s leadership, the FATF Global Network also expanded to nine FATF-Style Regional Bodies (FSRBs), an important accomplishment for ACAMS as the Association has members in over 160 countries, most of those in one of the nine regions. Mr. McDonell’s many years of direct experience working with the regional bodies has given him a unique global perspective on AML and financial crime challenges facing ACAMS’ members.

Mr. McDonell is a lawyer by training and has had extensive experience as a federal prosecutor and in conducting complex investigations including being in charge of many multidisciplinary investigation Task Forces into organized crime cases both nationally and internationally. He also has had experience in private legal practice and as a university lecturer.


Jeremy Stephen
  • Jeremy Stephen, MSc, DIC, BSc

  • AMLFC Institute Board of Regents, Lecturer
  • Department of Economics, University of the West Indies – Cave Hill Campus, Barbados

Bio

Jeremy Stephen has extensive experience in private equity, and economic consulting across the Region and in Barbados. He is a former President of the Barbados Economics Society and his core consulting specialities include corporate advisory; financial due diligence; economic analysis; economics of cryptocurrencies, and web and app development.

He has provided business advisory services, inter alia, to the Government of Barbados; the Caribbean Development Bank; One Caribbean Media; The Craane Group (Merrill Lynch); and G&A Communications. He currently serves as a Non-Executive Board Director at COSCAP (Barbados).

He lectures in Banking & Finance at the University of the West Indies – Cave Hill Campus. His research in cryptocurrencies has produced the widely regarded research paper in conjunction with Professor Winston Moore: “Should Cryptocurrencies be included in the Portfolio of International Reserves held by the Central Bank of Barbados?”

As a Commonwealth Scholar, Jeremy received his MSc. Finance degree with a concentration in Portfolio Management, Financial Statement Analysis and Entrepreneurship from Imperial College London in 2007, and the BSc. Economics in 2005 from the University of the West Indies-Cave Hill Campus, with First Class Honours.


Timothy White
  • Timothy White, CAMS

  • Vice President, Business Development and Sanctions
  • AML Right Source

Bio

Mr. White has licensed AML and Sanctions Interdiction Software to over a 1400 financial institutions. Expert on OFAC/Sanctions issues and has addressed OFAC and BSA issues at conferences throughout the United States. Has published articles in; ACAMS Today, ABA Bank Compliance Magazine, and Western Banking Magazine. Member – ACAMS’ Certification Exam Task Force in 2010 and 2016. 2007 – Member, working group formed by the United Nation’s Al-Qaida Taliban Sanctions monitoring team pursuant UNSCR 1735. 2006 – He addressed an EU-US Workshop on Financial Sanctions and Terrorist Financing in Vienna, Austria. Provided training for the; Office of the Comptroller Currency and Federal Reserve Bank’s BSA/AML specialists on OFAC and BSA compliance technologies. 2004 – Member, ABA’s BSA – OFAC Working Group on OFAC Examination Procedures. Chairperson – West Coast AML Forum. Active certified member of ACAMS first graduating class.


Calvin Wilson
  • Calvin Wilson

  • Former Executive Director
  • Caribbean Financial Action Task Force (CFATF)

Bio

Mr. Calvin Wilson’s academic and professional qualifications, together with his considerable specialist experience, give him a unique profile, perspective and voice in the dynamic and ever changing regional and global compliance landscape. Mr. Wilson has the strong and decisive management and negotiating skills of a former commercial Banker, Senior Crown Prosecutor, Advisor to Law Enforcement at New Scotland Yard and Caribbean Basin Region Diplomat with twenty years’ experience on the frontline of global Anti Money Laundering and Combating the Financing of Terrorism (AML/CFT) compliance. His experience includes participating in and managing the Second, Third and part of the Fourth Round of Mutual Evaluations, as Deputy Executive Director (1year) and Executive Director (19 years) of the Caribbean Financial Action Task Force (CFATF), assisting in protecting the international financial system and engaging in international diplomacy and politics, An astute observer of global politics, economics and finance, Mr. Wilson fully understands and has extensive knowledge and experience in the strategic AML/CFT imperatives of the G7, G20, World Bank, International Monetary Fund, Organisation for Economic Cooperation and Development and the Financial Action Task Force, which allow discernment of trends in the global agenda and facilitates the provision of cogent, effective, confidential and strategic advice at the highest political and private sector levels.

Mr. Wilson is a clear, confident and credible communicator with extensive experience with the international media, and exceptional crisis management skills, honed over the last twenty years particularly at the height of the negative listings of regional countries by international organizations.

Mr. Wilson is an accomplished and in demand global advocate who plays an important role in the public and private sectors, undertaking advocacy and public diplomacy to engender awareness, deepen understanding on global compliance issues, and to secure moral and financial support at the highest political, diplomatic and corporate levels, both regionally and globally in service of the best interests of the Caribbean Basin Region.

Mr. Wilson is now the Principal of Calvin Wilson and Associates, a London based Consulting Firm, established in July 2018, consisting of a team of Regional and International Legal, Financial and Law Enforcement, Tax, Communications, Marketing and other Experts, which provides Strategy and Public Affairs services to clients in both the public and private sectors. Calvin Wilson and Associates was established in the spirit of continuing its Principal’s twenty years of service to the Caribbean Basin Region and the global community, as Immediate Past Executive Director of the Caribbean Financial Action Task Force and the longest serving Executive Secretary of the global network of the Financial Action Task Force (FATF) and the nine FATF Style Regional Bodies.

Mr. Wilson is currently engaged with international technology private sector partners to design modern, cutting edge, information technology tools and platforms, which will revolutionize the current approach to the global compliance function, that has unfolded over the past thirty years, to the benefit of the Caribbean Basin Region and the world.


Cherise Wiltshire
  • Cherise Wiltshire

  • Vice President, Compliance & Ethics
  • Bitt

Bio

Cherise Wiltshire is the Vice President, Compliance & Ethics at Bitt, a revolutionary fintech company based in Barbados which focuses on providing financial technology solutions for the growth and success of the Caribbean. Cherise is responsible for managing the execution and coordination of the compliance function at the group level and is the architect & steward of enterprise compliance and ethics strategy, structure and processes.

Cherise is an experienced compliance and risk management professional over 13 years experience in the AML compliance, risk management and internal audit functions at several financial institutions. She also holds a Bachelor’s in Economics and Management and certified compliance qualification from Manchester Business School. She is also a Fellow member of the International Compliance Association.

Passionate about compliance and regulatory developments in the financial industry and promoting high compliance and ethical standards, she is an active member of the Barbados Association of Compliance Professional and currently Chairs the Public Relations Committee.

She also has her own compliance consulting firm, Wiltshire Consultancy which offers compliance services to several financial companies on her island of Barbados.