Financial Crime World

Compliance Training for Financial Professionals in Cayman Islands: A Must-Under CIMA Regulations

In a bid to ensure compliance with the Cayman Islands Monetary Authority (CIMA) regulations, financial professionals in the region are being encouraged to undergo Anti-Money Laundering and Combating the Financing of Terrorism (AML/CTF) training. This comprehensive course, developed by global compliance specialists, is designed to equip directors and officers with a thorough understanding of AML/CTF laws and regulations.

CIMA Regulations Require AML/CTF Training

According to industry experts, CIMA regulations require that all relevant directors and officers undergo AML/CTF training to ensure they understand their duties and responsibilities in preventing money laundering, terrorist financing, and proliferation financing. The course covers essential topics such as:

  • Legal and regulatory frameworks
  • Risk-based due diligence
  • Suspicious activity identification and reporting
  • Duties of directors and relevant officers

Web-Based Module with Downloadable Certificate

The AML & CTF Cayman Island course is a web-based module delivered through Apex Group’s Knowledge Academy platform. Upon successful completion, participants will receive a downloadable PDF certificate, valid for 12 months. The course has been developed in collaboration with experienced Money Laundering Reporting Officers (MLROs) and AML Compliance Officers (COs), who have extensive knowledge of the applicable regulations in the Cayman Islands.

Course Benefits

“We understand the importance of compliance training for financial professionals in the Cayman Islands,” said [Apex Group Representative]. “Our course is designed to provide a comprehensive understanding of AML/CTF laws and regulations, ensuring that participants are equipped to meet their duties and responsibilities under CIMA regulations.”

Course Details

  • Cost: US$250 per participant
  • Discounts available for group bookings
  • Duration: Self-paced online module

Sign Up Now

To learn more about the AML & CTF Cayman Island course or to sign up, visit apexgroup.com. Industry observers believe that this course will prove invaluable in helping financial professionals in the Cayman Islands stay ahead of the regulatory curve.