8:30 – 8:45

Welcome Address

Brigadier The Honourable John SANDY – Minister of National Security

8:45 – 9:15

Special  Address

 

9:15 – 9:45

Brief Press Conference

 

 

 

 

10:00 – 11:00

SESSION ONE

Dealing with jurisdictions with weak AML/CFT regimes

• The Practical and Economic Implications of the Financial Action Task Force International Cooperation Review Group Initiative for Caribbean Basin States

 

Calvin WILSON - Executive Director CFATF Secretariat

Katishe SERRETE - Chair AML/CFT and Compliance Committee, Bankers Association of Trinidad and Tobago

Keith M. KING - Chairman and CEO Firstline Securities LTD and Director Securities Dealers Association of Trinidad and Tobago 

Francisco DEMICHELS - Project Leader, AML/CFT Tehnical Assistance Programme, IADB

 

 

 

11:30 – 12:00

SESSION TWO

Understanding Trinidad and Tobago’s recent approach to AML/CFT

• Understand Trinidad and Tobago’s AML/CFT Regulatory Regime
• The Current State of Play
• The Ongoing Reform Agenda
• Preparing for the ensuing change

 

Roger HERNANDEZ - Financial Advisor CFATF Secretariat

 

 

 

12:00 – 12:20

SESSION THREE

The CFATF Typologies Programme

 

• Determining the Money Laundering and Terrorist Financing Risks and Vulnerabilities of the Caribbean Basin Region
• The critical importance of close and ongoing collaboration between regional stakeholders

 

 

Jefferson CLARKE - Law Enforcement Advisor CFATF Secretariat

 

 

 

12:20 - 1:00

 

SESSION FOUR

Barriers to Asset Recovery

 

1:00 - 2:00

LUNCH BREAK

 

 

 

 

 2:00

CASE STUDY

Tackling the regional threat and taking the profit out of organised crime

 

• The illegal lottery and Ponzi schemes et’ al
• Practical approaches to taking the profit out of organised crime which result in the depositing of criminal proceeds into or a Special Confiscated Assets Account, to further the ongoing fight against crime through crime prevention and intervention programmes for the benefit of the national community

 

Carl BERRY -  Inspector Organised Crime Division, Jamaica Constabulary Force

Caroline HAY - Crown Prosecutor, Office of the DPP, Jamaica

 

CASE STUDY

Robert BLAND - Criminal Justice Advisor to Trinidad and Tobago

 

 

 

4:30 pm

END OF DAY ONE

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8:30 – 8:45

Special Address -

The Honourable Stephen CADIZ – Minister of Trade and Industry

 

 

 

 

 

8:45 – 9:15

Special Address

The Honourable Winston DOOKERAN – Minister of Finance

 

 

 

 

 

9:15 - 9:45

SESSION ONE

The Financial Intelligence Unit at the Heart of the National AML/CFT Infrastructure

Engendering a Culture of Compliance with all AML/CFT stakeholders with particular reference to the Designated Non Financial Businesses and Professions.

 

Ms. Susan FRANCOIS -  Director, Trinidad and Tobago Financial Intelligence Unit

 

 

 

 

 

9:45 – 10:00

Break

 

 

 

 

 

 

10:00 – 10:30

SESSION TWO

A Recipe for Success: Balancing Compliance Costs with Company Profits

 

The competiveness of the financial services sector depends on several factors key of which is the regulatory environment and the perceived cost to implementing AML/CFT standards in an environment of uneven application.

 

Ms. Michelle N MARTIN - Partner The List Pro & Compliance Solutions Consultants

 

 

 

 

 

10:30 -  11:00

SESSION THREE

The changing nature of the FATF 40 and 9 Recommendations

 

• The role of the Financial Action Task Force as Standard Setter in revising the international standards to meet modern challenges 
• Understand how the revised FATF standards address shortcomings in existing standards
• Implications for Trinidad and next steps in implementing proposed standards

 

Ms. Alejandra QUEVEDO -  Legal Advisor CFATF Secretariat

Workshop I

 

 

 

 

11:00 – 11:30

SESSION FOUR

Elements of Compliance: The regulators perspective

 

The power of the Central Bank as the repository of considerable moral suasion and legislative clout, networking with other regulators in the Securities and Insurance sectors to proactively protect the financial system by ensuring compliance with international prudential and AML/CFT standards 

 

Ms. Michelle FRANCIS-PANTOR - Manager, Policy and Market Conduct, Financial Institutions Supervisions Department, Central Bank of Trinidad and Tobago

Workshop I

 

 

 

 

11:30 – 12:30

SESSION FIVE

Assessing Corporate Risks: A practical approach to risk management

 

Mr. Peter THURTON - President, Unity Corporate Governance, Compliance and Market Conduct Division, Unity Managing Underwriters Limited Toronto, Canada 

 Workshop I

 

 

 

 

12:30 – 1:30

LUNCH

 

 

 

 

 

 

1:30 – 2:15

SESSION SIX

The role of the National Anti-Money laundering Steering Groups

 

The Establishment of National Anti-Money Laundering Steering Groups to bring together all national stakeholders, i.e. law enforcement, prosecutorial services, banking, customs etc., including public/private sector partnerships so as to ensure maximum synergy and networking with a view to strengthening the overall national AML/CFT architecture.

• Conducting National Risk Assessments in tandem with the Third Round Mutual Evaluation Reports
• Determining Technical Assistance and Training Needs
• Organising National Strategic Implementation Planning Framework Workshops   
• Partnering with the National Compliance Association

 

Mrs. Brender PORTLAND-REYNOLDS - Senior Crown Counsel, St. Lucia  

Workshop II &

Workshop III

 

 

 

 

2:15 – 3:30

SESSION SEVEN

The Dangers of Rampant Corruption and Politically Exposed Persons to Corporate and National Reputation

Mr. Thomas IVERSON - Policy Advisor, Office of Terrorist Financing and Financial Crimes, United States Department of Treasury

Mr. Francisco DEMICHELS - Project Leader, AML/CFT Technical Assistance Programme, Inter American Development Bank

 

Workshop II &

Workshop III

 

 

 

 

3:00 – 4:00

SESSION EIGHT

DISCUSSION

Living Up to its AML/CFT Responsibilities-The Way Ahead for the Caribbean Basin Region  

 

Ms. Dawne SPICER - Deputy Executive Director, CFATF Secretariat

And all presenters with contributions from the audience.

Workshop II &

Workshop III

 

 

 

 

4:00

DISTRIBUTION OF CERTIFICATES AND CONFERENCE GIFTS