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 to ensure compliance and participates in the formulation of policy and regulations for the overall system of financial regulation. As head of the Commission’s Anti-Money Laundering (AML) Unit Mrs Benskin-Murray also developed and implemented the Commission’s AML/CFT/PF risk based framework for monitoring of the insurance, securities and credit union sectors.
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 or the regulator where her focus has remained on compliance and developing the next generation of financial sector specialists.
Mrs. Benskin-Murray was the first General Counsel of the Fair Trading Commission – Barbados and the former Assistant Director of the Bermuda Monetary Authority (BMA). She is a former law lecturer to business professionals in the areas of contract and tort. 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, 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 financial sector, law and AML/CFT/PF conferences and workshops and is an adjunct lecturer in Negotiation Skills at the Sagicor Cave Hill School of Business of the University of the West Indies.