Anti-Money Laundering Training Workshops

The Barbados International Business Association (BIBA) will be hosting a series of Anti-Money Laundering (AML) Training Workshops to familiarize managers and business owners with the new Money Laundering and Financing of Terrorism (Prevention and Control) Act, 2010.

This Act is far-reaching and places legal obligations on a wide range of businesses such as banks, insurance companies and other financial institutions, real estate agents, jewelers, attorneys, accountants, mutual fund administrators, credit unions and cooperatives.  Knowledge and information about the details of this act are essential for managers, owners and accountants involved in the Barbados offshore sector.

General Management Workshops

Location: Shell Suites, University of the West Indies, Cave Hill, St. Michael

Date: May 10 and 11, 2011

Time: 8:30 am to 12:00 pm

Cost:

Individual price: BBD $400 each

More than four staff registered: BBD $320 each

BIBA members: BBD $350 each

BIBA members with more than four staff registered: BBD $280 each

Registration: Contact BIBA at (246) 436-2242

Investment and Financial Service Provider Workshops

Location: Shell Suites, University of the West Indies, Cave Hill, St. Michael

Date: May 12, 2011

Time: 8:30 am to 12:00 pm

Cost:

Individual price: BBD $400 each

More than four staff registered: BBD $320 each

BIBA members: BBD $350 each

BIBA members with more than four staff registered: BBD $280 each

Registration: Contact BIBA at (246) 436-2242

It is important for management, owners and employees involved with offshore Barbados companies to be represented at the relevant workshops to ensure they have a clear understanding on the Act and are able to comply with it going forward.

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