The Cayman Islands Compliance Association ("CICA") has been in existence since October 2000 as a not for profit organization. The formal objectives of CICA are to:
- Provide members with the information to assist with the implementation and maintenance of effective compliance and anti-money laundering programmes in their respective financial services organisation
- Provide an open forum for sharing information and training
- Identify common practices in the financial services industry and seek to raise the level of
The Cayman Islands Compliance Association (CICA) has extended its offer of 6 scholarships to promising Caymanians working in the Cayman financial industry. Applications should be submitted before 24th January 2014
- CAMS Examination of the Association of Certified Anti-Money Laundering Specialists (ACAMS) – 3 scholarships
- International Compliance Association (ICA) International Advanced Certificate in Compliance – 3 scholarships
The International Compliance Association offers CICA members a 10% discount on International Compliance Association Diplomas:
ICA qualifications are recognised by employers and regulators the world over as a benchmark of competence and excellence. ICA Diplomas increase knowledge & skills, enhance career prospects and reduce risk for firms.
· Registration and Continental Breakfast 8:00 a.m. – 8:45 a.m.
· Welcome and Overview 8:45 a.m. – 9:00 a.m. Martin Livingston, President of CICA
· Government Update 9:00 a.m. – 9:30 a.m. Hon. Wayne Panton, Minister of Finance
· Corporate Governance/Directors presentation and Q & A 9:30 a.m. – 10:30 a.m. Jennifer Collins and Jennifer Parsons (Ogier)
· Coffee break 10.30 a.m. – 10.45 a.m.
· Practical Implications of US FATCA and UK equivalent 10:45 a.m. – 11:30 a.m. David Conen and/or Helen Dombowsky TBC
· Tax Information Authority Update on the "Common Reporting System" and "AEOI" frameworks 11:30 a.m. – 12:15 p.m. Duncan Nicol (Director, Tax Information Authority) or Michelle Bahadur
· Lunch 12:15 p.m. – 1:45p.m.
· Beneficial Ownership Registration and the 4th EU Money Laundering Directive 1:45 p.m. – 2:30 p.m. Ben Tonner (Samson & McGrath) TBC
· The Cayman Islands AML National Risk Assessment 2:30 p.m. – 3:15 p.m. Speaker TBC
· Coffee break 3.15 p.m. – 3.30 p.m.
· Interactive session and case analysis with CIMA, FRA and FCU 3:30 p.m. – 4:45 p.m. R J Berry (Head of Compliance, CIMA), Lindsay Cacho (Managing Director, FRA) and Detective Reuben Foster (FCU). Moderator: Martin Livingston
· Closing remarks 4:45 p.m.– 5:00 p.m. Martin Livingston
· CICA AGM 5:00 p.m. - 5:30 p.m.
· Cocktails 5:30 p.m. - 7:00 p.m.