Comsure would like to thank all those who came to its AML UPDATE CPD workshop on 12 April 2016
The Comsure team hope that all attendees found the 3 hour “thought leadership” talk (with a few jokes!!!) informative and engaging (and maybe amusing?) – If you would like this presentation run in your offices or something similar do not hesitate to contact us at training@comsuregroup.com
Further, you will find below some pictures from the event and please like our Facebook page (Comsure Group) where you can find important news, musings and upcoming events.
Finally, if you wish to learn more about Comsure and its services (consultancy, training and/or AML technology solutions) please feel free to contact me at any time. Furthermore, do not forget if you want to know more about Comsure events please log onto the Comsure website (www.comsuregroup.com) and ensure you are registered for its newsletters.
Comsure would like to thank all those who came to the JCOA CPD monthly workshop today to listen to my “”Confessions of a Compliance Consultant”.
The Comsure team hope that all attendees found the 1 hour “thought leadership” talk (with a few jokes!!!) informative and engaging (and maybe amusing?).
Do not forget to keep an eye on further confessions through the Comsure musing page https://archive.comsuregroup.com/musings/ or befriend Comsure on Facebook/Linkedin/twitter. You will also find below some pictures from the event along with a copy of the slides.
Finally, if you would like this pretention run in your offices or something similar do not hesitate to contact us at training@comsuregroup.com
Thank you to Olaf Blakeley, who on the 16th March 2016 @ the Pomme D’or Hotel, provided a thoroughly enthralling workshop on such matters as; the JFSC’s enforcement ‘tricks of the trade’ and how to respond to enforcement measures including complying, challenging and resisting.
Further, Olaf also provided some key pointers on the first line of defence in managing ENFORCEMENT RISK – this included the way in which regulated entities respond to enforcement action and guidance to help businesses make informed decisions about early and effective steps they can take which will have a profound effect on the eventual outcome of enforcement investigations.
Background
This workshop follows MoneyVal pronouncements which are leading too significant effect with its feedback triggering some further changes to AML legislation and regulation along with its continued recommendation and desire to see more prosecutions in Jersey. Also we have seen several high profile enforcement cases in Jersey that has led several commentators to suggest financial regulation in Jersey is seemingly becoming enforcement led.
These comments have been triggered following:
the introduction of civil penalties legislation in June 2015
significant number of public statements being issued by the Jersey Financial Services Commission [JFSC],
challenges to the issue of public statements proceeding through the Royal Court and
the prosecution of a MLRO and the firm for which she worked.
This ENFORCEMENT RISK means that regulated entities need to be ready to deal with enforcement action, and with financial penalties also having been introduced enforcement is likely to become more prominent in 2016 and beyond.
Please take a look at our gallery from the event below.
03/09/15 – Pictures from Damned if I do, damned if I don’t – who would be a MLRO? – Jersey
Many thanks to all of you who came down today to get an understanding of the risks involved of being an MLRO and what you should do to protect yourself in the light of recent court cases.
We hope you enjoyed yourself and found it informative for your needs.
Here are some pictures from the ICSA Jersey Conference held at the Royal Yacht on the 24th April 2015. We at Comsure had a great time and look forward to the next one.
