Bvi To Host 2014 Regional Compliance Conference


By Mellica McPherson

A number of international organizations will be visiting the territory next month to discuss issues such as FATCA, Hacking, Whistle Blowing, Anti-bribery, Corruption, and National Risk Assessment.

These hot topics will be presented in November when the British Virgin Islands hosts the Caribbean Regional Compliance Association Conference (CRCA), an initiative that was organized to assist corporations in the fight against money laundering.

The 2014 CRCA is being chaired by Kyria Ali on 13 and 14 November at Maria’s By The Sea, and is expected to attract representatives from throughout the Caribbean and international countries such as Canada.

The organizers announced that conference attendees are expected to hear about the best practices for managing an organization’s overall anti-money laundering programme, tackle emerging compliance threats in the region, look at regulatory changes in a variety of Caribbean jurisdictions, and focus on a wide range of topics as they relate to outsourcing, risk assessment, corruption and corporate social responsibility.

It was mentioned that speakers will be coming from the USA, UK, the Caribbean and Europe and delegates in the compliance, regulatory, and anti-money laundering sectors of the financial services industry will be provided with an exceptional networking opportunity to meet, discuss, share and grow as leaders in their profession.

All profits from the conference are expected to go back into professional development programs in the Caribbean and provide the seed capital for this conference to continue and travel throughout the Region.

A number of known industry leaders will be speaking at the event. These persons include: Cherno Jallow, BVI Financial Services Commission (BVI); Jason Narinesingh, Scotiabank (Trinidad & Tobago); Patricia Rowe-Seale, CIBC FirstCaribbean International Bank (Barbados); Kyria Ali, NAGICO Insurances (BVI); Brian Link, Resolver Inc (Canada); Cherise Cox-Nottage, UBS Bahamas Ltd (Bahamas); Cheryl Mapp, Ascendant Group (Bermuda); Dalia Littlewood, Kixko Inc. (Barbados); Dr. Derrick McKoy, Faculty of Law at Mona (Jamaica); Fareda Sands, Bahamas Association of Compliance Officers (Bahamas); Kerry Harris, ReBoot Consulting (Canada); Jonathan Katan, Miller Simons O’Sullivan (Turks & Caicos); Prof. Avinash Persaud, Intelligence Capital Limited (United Kingdom/Barbados); Kate Taft, Harneys (Cayman Islands); Conrad Griffiths QC, Griffiths & Partners (Turks & Caicos); Sandra Edun-Watler, Walkers Global (Cayman Islands); Glenna Smith, Smith Compliance Consulting Inc. (Barbados); Susan Francois, Financial Intelligence Unit (Trinidad & Tobago); and Robert Mathavious, BVI Financial Services Commission (BVI).

The Caribbean Regional Compliance Association is a not for profit regional forum represented by member associations from the Caribbean and Central American regions, such as: Antigua & Barbuda (Financial Services) Compliance Association; Bahamas Association of Compliance Officers; Barbados Association of Compliance Professionals; Association of Bermuda Compliance Officers; British Virgin Islands Compliance Officers Association; Cayman Islands Compliance Association; Association of Compliance Officers of Curacao; and Trinidad and Tobago Compliance Association.