Candice Huggins

Candice is an Attorney-at-Law with specialization in International Financial Services Compliance and Risk Management. She was called to the Bar of Trinidad and Tobago, the British Virgin Islands and the Cayman Islands where she has advised extensively on aspects of regulatory and international law; litigated in the area of white-collar crime as well as developed and implemented risk and compliance programmes.

Candice Huggins’ experience spans over 20 years in legal, risk management and regulatory compliance within the financial services sector in areas such as banking, securities, trust and fund administration. She has worked in the private and public sectors in multiple jurisdictions including the Cayman Islands, the British Virgin Islands, Barbados, Trinidad and Tobago, and Canada.

As Head of the Compliance department of CIBC FirstCaribbean International Bank, she is responsible for the development, dissemination and implementation of CIBC FirstCaribbean’s compliance policies with respect to anti-money laundering, Countering of Terrorist Financing, Conflicts of interest, confidential information and other related matters.

Candice has counselled extensively on regional AML, fraud and risk issues through her work with international bodies, such as the International Monetary Fund (IMF), World Bank Group and the Organization of American States. She has served as a consultant for regional and international projects, such as the Caribbean Financial Action Task Force (CFATF) mutual evaluation and country assessment and preparation programs, and the International Monetary Fund/World Bank Group’s offshore pilot project on AML compliance in the Caribbean.

Candice has been active dealing with correspondent banking issues facing regional jurisdictions since 2016. She has represented CIBC FirstCaribbean International Bank at multiple seminars facilitated by IMF and the World Bank Group from 2017 to 2018 in Barbados, Jamaica and Bahamas. In addition, Candice had significant input in the discussion around the loss and retention of correspondent banks in the region and participated in the dialogue hosted by the U.S. Department of State, U.S. correspondent banks, respondent regional banks, governments and statutory authorities in Jamaica and Antigua.

Candice is a great mentor who is committed, honest, and meticulous with strong leadership and management qualities and well versed with both the local and international legal/regulatory framework.