Nevis celebrates 40th anniversary with AML/CFT/CPF event

Caribbean financial services jurisdiction Nevis is celebrating its 40th anniversary as financial services hub with a sold-out three-day AML/CFT/CPF conference.

The event, organised started on Monday June 24, 2024 and concludes tomorrow (Wednesday June 26, 2024), has seen more than 150 stakeholders and delegates listen to a series of presentations and sessions that have been informative and interactive, with a heighten focus on meeting international regulatory requirements.

Among the speakers at the event are; Colin Dore, Permanent Secretary, Minstry of Finance Nevis Island Administration and Deputy Chairman, Financial Services Regulatory Commission (FSRC); Ian Carrington, regional adviser for Latin America and the Caribbean of the International Monetary Fund (IMF); Craig Timm, pictured above speaking, Association of Anti-Money Laundering Specialists (ACMS) and Alousia Faisal, Eastern Caribbean Securities Regulatory Commission.

The event was introduced by Heidi-Lynn Sutton, pictured above right, Regulator – Financial Services Regulatory Commission (FSRC) – Nevis Branch and has been moderated by financial crimes specialist Calvin Wilson, pictured above centre.

Money Map Media Co-Founder and International Adviser publisher, Gary Robinson, pictured left, who was also panelist at the conference, said: “The changes across the last 10 years to the accountability of international financial services companies and the jurisdictions in which they are based have been revolutionary and necessary. Staying abreast of international compliance has been challenging for many jurisdictions, especially the smaller ones that have to meet the same standards as the much larger ones.”

“It is heartening to see how Nevis, a jurisdiction that has had its ups and downs, is embracing change and encouraging its financial services companies to comply with educational events like the 16th annual FSRC – Nevis Branch AML/CFT/CPF conference.

“All jurisdictions have be serious about AML/CFT/CPF if they want to remain in international financial services. We are very happy to have been invited as an international financial services publication to attend this event as a panelist and congratulate Nevis on their 40th anniversary.”