GIFA Academy AML/CFT Handbook

Start Date
Tuesday 29th January 2019
End Date
Tuesday 29th January 2019
Booking Link

“Guernsey is recognised as a jurisdiction which meets international standards relating to AML/CFT. The presentation will provide an overview of how the revised standards issued by the Financial Action Task Force and the recommendations made by MONEYVAL and IMF at their last assessments of Guernsey have influenced the development of the updated AML/CFT Handbook, which will come into force on 31 March 2019.  The presentation is primarily aimed at the front-line fund administrators who are involved in processing transactions and the collation and review of due diligence on investors and/or promoters of Guernsey administered funds.  The presentation will also cover the main money laundering and terrorist financing risks that funds face and the types of red flags that administrators should be cognisant of.

Nick Herquin is the Deputy Director of the Financial Crime Division and has been a financial services regulator for more than 15 years.  The Financial Crime Division of the Guernsey Financial Services Commission is responsible for AML/CFT supervision for all financial services and prescribed business sectors (lawyers, accountants and estate agents) and policy initiatives such as the AML/CFT Handbook. Nick is a Fellow of International Compliance Association and Chartered Fellow of the Securities Institute and also a trained MONEYVAL/FATF assessor.  He is presently taking part in an evaluation of a MONEYVAL member country.

Paul Robinson is an Assistant Director in the Financial Crime Division with responsibility for AML/CFT policy matters and most recently led the Commission’s work on revising the Handbook on Countering Financial Crime and Terrorist Financing.  Paul has worked at the Commission for 10 years and has been a member of the Financial Crime Division since its inception in 2012.  Paul holds a BSc (Hons) in Police and Criminal Investigation, an MA in Fraud Management and is a Certified Financial Crime Specialist.