Top regulatory experts will feature in a new half-day seminar at the Ritz Carlton in October titled Working with your financial regulator.
The seminar will feature Mr. Tim Ridley, former chairman of the Cayman Islands Monetary Authority; Mr. Ross Delston, former US Federal regulator and co-chair of the American Bar Association’s International Anti-Money Laundering Committee; and Mr. Paul Byles former head of policy of the Cayman Islands Monetary Authority.
The seminar is being organised by new financial services training firm FTS and has a hands-on focus to help industry practitioners manage their relationships with regulatory bodies such as the Cayman Islands Monetary Authority.
‘It is a unique seminar for the Cayman Islands because the focus is on not only how to manage relationships with regulators and expectations but how to best prepare for and handle an onsite inspection by the regulatory body’ said Mr. Paul Byles.
One of the highlights will be a special presentation by. Mr. Delston will deliver a hands-on presentation on how to prepare for an onsite inspection by the regulator.
Mr. Delston has carried out numerous onsite inspections in his former role with the United Stated Federal Reserve and will reflect on some of these experiences.
The event will not only be valuable to compliance professionals and internal auditors, but also has direct relevance to senior management.
Mr. Tim Ridley will also make a presentation on understanding the interface between the responsibilities of the regulator and those of the financial institution.
‘The idea is to discuss where lines should be drawn regarding responsibilities and to help institutions minimise expectation gaps regarding roles’ said Mr Ridley.
The seminar is being held 15 October at the Ritz Carlton. Participants are encouraged to register early at 623-6712 or [email protected] as spaces are limited to 100 persons.