Three Cayman Islands professional bodies convened more than 70 delegates from 21 jurisdictions for a regional anti-money laundering workshop aimed at strengthening cross-border cooperation in the fight against financial crime.
The Cayman Islands Institute of Professional Accountants, the Cayman Islands Legal Practitioners Association and the Legal Services Supervisory Authority co-hosted the three-day training session Oct. 28–30 at the Grand Cayman Marriott Resort. It was the first event in a planned global series developed by the International Federation of Accountants and the International Bar Association, with support from the Financial Action Task Force and its Caribbean affiliate.
The workshop focused on helping professional bodies improve member education on AML obligations, work more effectively with government agencies and financial intelligence units, and prepare for or strengthen AML supervisory roles.
“Hosting this inaugural workshop in Cayman underscores our jurisdiction’s reputation as a proactive and collaborative partner in global AML/CFT efforts,” CIIPA Chief Executive Officer Sheree Ebanks said. She added that the initiative reinforces a shared commitment to integrity, transparency and the public interest.
Alfred Tweneboah, CIIPA’s director of regulatory affairs and policy, said the event offered “an invaluable opportunity to share Cayman’s experiences and learn from our regional counterparts,” noting CIIPA’s responsibilities as a self-regulatory body. He said the discussions would help align local practices with international standards and build collective capacity to deter financial crime.
The Ministry of Financial Services and Commerce sponsored the event. Organisers said the workshop builds on CIIPA’s recent participation in regional and global AML forums and continues its efforts to promote high professional standards and public-interest protections.
