Barbados Financial Crime Prevention Symposium Shares Anti-Money Laundering Expertise

Event Led By Former Executive Secretary of Financial Action Task Force

BRIDGETOWN, Barbados–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/aml?src=hash” target=”_blank”gt;#amllt;/agt;–Five months after launching a chapter in Barbados to serve as an
anti-money laundering (AML) hub in the Caribbean, ACAMS has organized a
symposium addressing key issues and trends in AML compliance and
financial crime prevention to support financial professionals in the
region. Today’s event will be attended by representatives of both
private and public sectors from the Caribbean.

The one-day interactive symposium led by ACAMS subject matter experts
Rick McDonell, former executive secretary of the Financial Action Task
Force (FATF) and executive director of ACAMS, and Kieran Beer, chief
analyst and director of editorial content of ACAMS, will include topics
timely to international financial services professionals:

– Regulatory Update: The FATF Mutual Evaluation and Ongoing
Compliance Expectations

– Keeping Current: Staying Ahead on Sanctions

– Best Practices for Obtaining and Maintaining Correspondent Banking
Relationships

– Managing the AML Risks of New Payment Systems Including FinTech and
Cryptocurrencies

Barbados is a member of the Caribbean Financial Action Task Force, the
regional FATF group, whose purpose is to conduct assessments of the
effectiveness of the regime in member countries for anti-money
laundering and combatting the financing of terrorism (AML/CFT).

“This symposium will provide a practical opportunity to share best
practices on what constitutes a robust and compliant anti-money
laundering and counter-terrorist financing system, and the symposium’s
highly respected speakers will address those issues,” said Rick
McDonell. During his tenure at the FATF, McDonell helped develop the
standardized country assessment methodology which is now used to assess
all 195 member jurisdictions of the FATF global network.

“It’s valuable for financial crime professionals to stay up-to-date on
compliance requirements and regulatory updates in order to combat
emerging threats in the region,” said Rohit Sharma, president and
managing director of ACAMS. “ACAMS has a significant presence in the
region and is committed to supporting a culture of compliance in the
Caribbean through partnerships, training and knowledge sharing.”

About the Association of Certified Anti-Money Laundering Specialists®
(ACAMS®)

ACAMS is a member of Adtalem Global Education (NYSE: ATGE), a global
education provider headquartered in the United States. ACAMS is the
largest international membership organization dedicated to enhancing the
knowledge and skills of anti-money laundering (AML) and financial crime
professionals from a wide range of industries. Its CAMS certification is
the most widely recognized AML certification among compliance
professionals worldwide. Visit acams.org for more information.

About Adtalem Global Education

The purpose of Adtalem Global Education is to empower students to
achieve their goals, find success, and make inspiring contributions to
our global community. Adtalem Global Education Inc. (NYSE: ATGE; member
S&P MidCap 400 Index) is a leading global education provider and the
parent organization of Adtalem Educacional do Brasil (IBMEC, Damásio and
Wyden institutions), American University of the Caribbean School of
Medicine, Association of Certified Anti-Money Laundering Specialists,
Becker Professional Education, Chamberlain University, EduPristine, Ross
University School of Medicine and Ross University School of Veterinary
Medicine. For more information, please visit adtalem.com
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Contacts

Lashvinder Kaur
+44.7388.294.478
LKaur@acams.org