Compliance – A Pragmatic Approach to Regulation
Too many times we hear financial services professionals complaining that they are at odds with their confrontational compliance department, more often than that business generation units refer to their anti-money laundering team referred to as a business prevention unit. Whilst there are many pieces of financial services law, regulation, rules, guidance & codes in existence…
CISI – The beauty of a modular qualification system
Chartered Institute for Securities & Investment – The Beauty of a Modular Qualification System Many professional bodies offer a limited set of qualifications in a limited set of subjects. By using the Chartered Institute for Securities & Investment (CISI) qualifications there are a wide range of options and routes available; furthermore, it is possible to use…
Combating Financial Crime – more than just AML
Money Laundering (ML) and know your customer (KYC) Back when we all first started performing KYC (know your customer) checks on our customers the focus was on two main objectives: 1. Ensuring sufficient documentation was held on the registered holder – know your customer (KYC)2. Trying to stop Money Laundering (ML) – hence the term…
Fund Distribution: Impact of the 4th Anti Money Laundering Directive
The fourth Anti Money Laundering Directive (AML4), or Directive (EU) 2015/849 to give its proper name, is due to be implemented into National Law by all EU member states by 26 June 2017. As with all directives there can be gold-plating at the national level. There will also be recommendations, guidelines and interpretation from various…
Local SEO and why it matters for Guernsey Finance
In the Finance Industry, Local SEO could easily be overlooked as being unimportant when the clear majority of our clients are based from overseas. But that couldn’t be further from the truth. I will explain why we should be doing more for our local SEO to help on with business on a global scale. Firstly,…
The EU Regulation Torrent
On 29th November I attended the 6th AIFM (Alternative Investment Fund Managers) Directive 2016 Conference held by the Private Equity Forum and hosted in the auditorium at the London office of Simmons & Simmons. The content was heavy on regulation and had a large focus on Brexit. I was also able to have a conversation…
