Sarah Wheeler was appointed as Head of the Cayman Islands Monetary Authority’s Anti-Money Laundering (“AML”) Division in February 2020. She is responsible for financial crime supervision across all regulatory divisions.
Sarah joined from the Financial Conduct Authority (“FCA”) in London where she led the Office for Professional Body Anti-Money Laundering Supervision (“OPBAS”). OPBAS made a significant impact in helping raise standards of AML/CFT supervision across the legal, accountancy and insolvency sectors in the UK. Prior to that, Sarah worked in the global litigation department of Barclays PLC and in city law firms (magic circle and US).
A qualified solicitor specialising in contentious regulatory, Sarah has also delivered key projects for the Financial Action Task Force (“FATF”. In 2019, She co-chaired the FATF’s risk-based approach guidance for legal professionals, accountancy professionals and trust and corporate service providers. She currently sits on a FATF Working Group for the revision of Recommendation 24 (Transparency and Beneficial Ownership of Legal Persons).