Funds Security
Real Money

December 2016 Newsletter – The year in review

Beginning in January 2016, regulated entities were required to seek approval for the Appointment of the Compliance/Reporting Officer.

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November 2016 Newsletter – How to undertake a risk assessment

Based on the regulatory reviews conducted in 2014 and 2015, Examiners of the FSRC noted that one recurring area of weakness is the absence of a risk assessment being conducted by regulated entities. This month’s newsletter highlights how to develop and implement a risk assessment as an important component of a regulated entity’s AML/CFT Compliance Program.

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September 2016 Newsletter – Financial Information Month 2016

Financial Information Month is a regional financial, economic, business and entrepreneurial education campaign executed in the Eastern ean Currency Union (ECCU) since 2002 through the collaborative efforts of the Eastern Caribbean Central Bank, ECCU member governments, financial and academic institutions,
the media, other private and public sector institutions and
community based This year marks the 15th year of
celebrations.

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August 2016 Newsletter – Continuation of the FATF Recommendations and Guidance for the Money Services Business (MSB) Sector

In this issue, the most relevant FATF Recommendations are highlighted below together with a brief summary of the legal, regulatory or administrative measures that are in place to comply with each recommendation.

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July 2016 Newsletter – AML/CFT Guidelines for the Management of Risks Related to Money Services Businesses

In recent years tougher regulatory scrutiny over the implementation of AML/CFT laws has seriously impacted money services businesses (MSBs) globally, threatening their relationship with the conventional banking sector.

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