thebahamasweekly.com - TCI Financial Services Commission and the Bahamas Institute of Financial Services to hold Compliance Seminar in TCI

From:TheBahamasWeekly.com

Turks & Caicos Islands
TCI Financial Services Commission and the Bahamas Institute of Financial Services to hold Compliance Seminar in TCI
By Vivian Tyson, Senior SUN Editor
Oct 22, 2012 - 5:39:17 PM

The Turks and Caicos Islands Financial Services Commission in collaboration with The Bahamas Institute of Financial Services will host their 3rd Annual Compliance Seminar on Wednesday 24th October 2012 in Providenciales.

The one day training seminar will focus on the fundamentals of Know Your Customer/ Compliance rules and regulations and will be geared towards equipping professionals in the TCI Financial Services Industry with tools needed to create an effective compliance culture within their respective organisations.

Mr Hubert Edwards, a known expert with the technical expertise and practical know how in the field of compliance and with over fifteen years experience in public accounting and consulting, will conduct the seminar.

During the interactive session, Mr. Edwards will discuss overall regulatory compliance requirements and procedures as well as examine Risk Management and Corporate Governance. Participants will also learn methods by which Compliance Officers participate to Investigation, Enforcement and Productions Orders.

Mrs Coalbrooke, Head of Company Management and Investment for the TCIFSC said: The TCI Financial Services Commission is pleased to partner for the third time with The Bahamas Institute of Financial Services to provide training to Compliance Officers in the Financial Services sector in the TCI.

She added: The session will be informative and it is the Commission's hope that it will provide the impetus for continued training and development as compliance professionals.

The seminar will take place on Wednesday October 24 2012 from 9 am to 3.15pm in the Messel ballroom at the Regent Palms in Providenciales.

The Turks and Caicos Islands Financial Services Commission (TCIFSC) is the sole regulator for the financial services sector in the Turks and Caicos Islands; its function is established in law, under the Financial Services Commission Ordinance.

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