ARTICLE · 21 JANUARY 2020

Cayman's Supervisors Receive Specialised AML/CFT Training

Cayman Islands Government

Explore more from Cayman Islands Government

Recognising the importance of effective regulatory supervision for financial services and other designated businesses and professions, the Cayman Islands Government recently organised a training session on assessing and monitoring AML/CFT ...

Cayman IslandsGovernment, Public Sector

Ministry Of Financial Services

Author LinkedIn connections

Recognising the importance of effective regulatory supervision for financial services and other designated businesses and professions, the Cayman Islands Government recently organised a training session on assessing and monitoring AML/CFT (anti-money laundering and countering the financing of terrorism) compliance.

The training, held 8-10 January 2020 at the Grand Cayman Marriott Beach Resort, was led by Ms Glenda Leben, Supervision Advisor for the CFATF (Caribbean Financial Action Task Force). The training was organised by Cayman's Anti-Money Laundering Unit (AMLU).

Ms Leben began the training with an overview of key definitions (money laundering, terrorist financing, proliferation financing), as well as the roles and functions of the Financial Actions Task Force (FATF) and the CFATF. She also provided an overview of the FATF 40 Recommendations and their connections with FATF Immediate Outcome 3, related to the effectiveness of AML/CFT supervision.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Ireland Implements New Rules Regarding Third-Party Access To Beneficial Ownership Registers

Cayman IslandsGovernment, Public Sector

CIMA AML Desk-Based Reviews Begin In October 2026

Cayman IslandsGovernment, Public Sector

New Cayman Rules For AML/CFT/CPF Compliance And Financial Sanctions

Cayman IslandsGovernment, Public Sector

CIMA AML And Sanctions Rules: Key Actions For Cayman Islands Funds

Cayman IslandsGovernment, Public Sector

Renewal Deadline For Liquor Licensees - Sister Islands

Cayman IslandsGovernment, Public Sector

Cayman Islands Government

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Government, Public Sector

New CIMA Rules On AML/CFT/CPF Compliance And Financial Sanctions Issued In The Cayman Islands

The Cayman Islands Monetary Authority has published two new Rules introducing binding requirements for regulated financial service providers regarding anti-money laundering, counter-terrorist financing...

Cayman IslandsGovernment, Public Sector

CIMA Finalises New Rules On AML / CFT / CPF Compliance And Financial Sanctions In The Cayman Islands

CIMA’s new AML / CFT / CPF Compliance Rule and Sanctions Rule, effective 18 September 2026, introduce binding compliance, governance, risk management and sanctions screening requirements for all regulated financial service providers in the Cayman Islands.

Cayman IslandsGovernment, Public Sector

New Cayman Rules For AML/CFT/CPF Compliance And Financial Sanctions

The Rules convert key parts of CIMA’s non-binding Guidance Notes into enforceable requirements; breaches may result in fines or other regulatory action. They apply to all CIMA-registered or licensed financial service providers...

Cayman IslandsGovernment, Public Sector

The EU AML List And The European Securitisation Regulation: Cayman Islands Update

As anyone familiar with the securitisation market will know, particularly with regard to US CLOs, it is common for issuers to be established as a single purpose vehicle in the Cayman Islands.

Cayman IslandsGovernment, Public Sector

Significant New Enforcement Powers For CIMA The Cayman Islands Monetary Authority

The Bill provides for a new limitation period for exercising the power, which would start when CIMA first becomes aware of the breach.

Cayman IslandsGovernment, Public Sector

Anti Money Laundering Comparative Guide

Anti Money Laundering Comparative Guide for the jurisdiction of Cayman Islands, check out our comparative guides section to compare across multiple countries

Cayman IslandsGovernment, Public Sector

Beneficial Ownership: Legitimate Interest Access – Guernsey And Jersey

The States of Guernsey have published a consultation on 'legitimate interest access' to Guernsey's beneficial ownership register.

GlobalGovernment, Public Sector

Cayman Proactively Advances Its Beneficial Ownership Framework

Recognising the shared intent to support a responsible, transparent global financial system, the Cayman Islands has updated our 2019 commitment to the UK by introducing plans...

Cayman IslandsGovernment, Public Sector

Cayman Islands Government

AML Officer Requirements In The Cayman Islands

AML in the Cayman Islands is complex and varies for each industry sector. Below is general guidance on AML Officer requirements.

Cayman IslandsGovernment, Public Sector

Stuarts Humphries

The 'EU Blacklist' And The Cayman Islands

In a surprise move, the European Council decided this week to add the Cayman Islands to the EU's list of non-cooperative jurisdictions for tax purposes, commonly referred to as the 'EU blacklist'.

Cayman IslandsGovernment, Public Sector