Financial Crime World

Compliance Training Workshop Launched for Financial Professionals in Saint Lucia

Prime Minister Emphasizes Importance of Compliance in Ensuring Accountability

The Government of Saint Lucia has launched a forthcoming compliance training workshop aimed at refreshing the understanding of roles and responsibilities among financial professionals. The workshop is scheduled to take place in late January.

During the launch of the second phase of the Caribbean Growth Forum (CGF), Prime Minister Hon. Allen M. Chastanet emphasized the crucial role of compliance in ensuring accountability and effective governance. “Compliance is a vital tool because everyone must understand what their role is,” he said, highlighting the need for clarity on roles within government agencies.

Significance of Coordination in Achieving Development Goals

The Prime Minister also stressed the significance of coordination in achieving development goals. He cited the recent restructuring of the government to facilitate more efficient teamwork among economic ministries. “We are now seeing greater coordination among economic ministries, with one permanent secretary and individual deputy permanent secretaries working together towards common objectives,” he noted.

Objectives of the Compliance Training Workshop

The compliance training workshop is designed to provide financial professionals with a vital refresher on their roles and responsibilities in ensuring regulatory compliance. The workshop will focus on:

  • Refreshing knowledge on roles and responsibilities in the financial sector
  • Enhancing understanding of compliance requirements
  • Improving coordination among government agencies

Workshop Details

  • Date: Late January
  • Location: [Insert location]
  • Contact Information: [Insert contact details]

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