Financial Crime World

Compliance Training for Financial Professionals in British Virgin Islands

Harneys, a leading international law firm, has launched an e-training platform to provide comprehensive compliance training for financial professionals in the British Virgin Islands (BVI). The platform offers a range of bespoke courses designed by compliance specialists to meet regulatory requirements in the BVI and Cayman Islands.

Courses Offered

The e-training platform provides a range of courses, including:

  • Anti-Money Laundering (AML) Training: Provides a thorough understanding of the anti-money laundering regime in the Cayman Islands/BVI. This course covers compliance with the CIMA/FSC requirements for financial service providers (FSPs) conducting relevant financial business.
    • Fee: US$350
    • Duration: Approximately 45 minutes to complete
  • International Sanctions Training: Provides an in-depth understanding of the current international sanctions environment. This course is officially approved by Harneys’ legal team and can be undertaken at any time.
    • Fee: US$150
    • Duration: Approximately 30 minutes to complete
  • Directorships (a BVI Perspective) Course: Provides a comprehensive overview of a director’s fiduciary duty owed to a BVI company. This course covers the duties under BVI law and common law, as well as filing and record-keeping obligations for BVI companies.
    • Fee: US$250
    • Duration: Approximately 30 minutes to complete

Benefits

All courses are accredited and provide a formal certificate of completion, which can be downloaded and stored in Harneys’ database for record-keeping and refresher course reminder purposes. The e-training platform offers:

  • Flexibility: Courses can be completed at any time and pace
  • Convenience: Quizzes and certificates of completion make it easy to track progress
  • Cost-effective: Discounts available for groups of four or more people

Target Audience

The e-training platform is designed specifically for financial services professionals such as:

  • Directors
  • Officers
  • Managers
  • Principals
  • Operational staff of relevant jurisdictional entities

Pricing and Discounts

The cost of the courses ranges from US$150 to US$350. Discounts are available for groups of four or more people. Harneys’ terms and conditions are available on their website.

For more information or to book a course, please email amlservices@harneys.com.