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Jersey | 17. 03. 2020

2nd Bi-Annual Anti-Money Laundering (half-day) Forum

The financial services industry is inherently susceptible to being abused by criminals involved in financial crime. Recent cases have clearly shown the importance of financial services businesses managing the risk of being involved in money laundering and other illicit financial flows. This half-day forum will explore the key risks facing financial services businesses in Jersey and will propose risk management solutions to help those working within these businesses manage the risks.

2020-03-17 09:00:00 2020-03-17 13:00:00 Europe/London 2nd Bi-Annual Anti-Money Laundering (half-day) Forum Jersey International Business School BPP Events events@bpp.com
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Overview

The financial services industry is inherently susceptible to being abused by criminals involved in financial crime. Recent cases have clearly shown the importance of financial services businesses managing the risk of being involved in money laundering and other illicit financial flows. This half-day forum will explore the key risks facing financial services businesses in Jersey and will propose risk management solutions to help those working within these businesses to manage the risks.

Pricing & Discounts

Price: £225

We offer the following discounts for this event:

  • 20% for JCOA & JADO members
  • 10% for ICA members (Discounts cannot be used in combination)
2020-03-17 09:00:00 2020-03-17 13:00:00 Europe/London 2nd Bi-Annual Anti-Money Laundering (half-day) Forum Jersey International Business School JIBS Events bookings@jerseyibs.com
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Event Schedule

Registration & Refreshments

08:30 – 09:00

Opening address

Christopher Usher, Managing Director (Jersey) of BPP CI

09:00 - 09:15
Plus

European Developments and E-ID; implications for Jersey

James Mews, Counsel at Pinel Advocates

09:15 - 09:45
  • AMD 6 and the implications for Jersey
  • Moving towards electronic verification
  • Latest steps in E-ID and what it means for business
  • Does the 2019 developments to AMF/CFT Handbook go far enough?

A review of the latest developments in AML

Tom Fothergill, Lead Policy Advisor – Financial Crime for the States of Jersey

09:45 - 10:15

Panel discussion: The societal impact of financial crime

10:15 - 10:45

Refreshment break

10:45 - 11:15
Plus

Cleaning up environmental crime – how identifying illicit finance flows can help the environment

Andrew Mitchell, Founder of Equilibrium Futures Ltd

11:15 - 11:45
  • The financial sector is at a tipping point concerning its impacts on climate change and nature.
  • Money from environmental crime is laundered worldwide and hidden from view, emerging as real estate or palm oil plantations.
  • What are the links between the poaching of wildlife, organised crime and financing terrorism?
  • What role do International Finance Centres have in either preventing or facilitating the process?
  • How should the financial sector respond to calls for greater environmental reporting and transparency?

Politicians and dirty money – what are the risks?

Helen Hatton, Managing Director of BDO Sator Regulatory Consulting

11:45 - 12:15

Panel discussion: Managing reputational risk – all roads lead to KYC

12:15 - 12:45

Closing address & summary of key takeaways

Christopher Usher, Managing Director (Jersey) of BPP CI

12:45 - 13:00
2020-03-17 09:00:00 2020-03-17 13:00:00 Europe/London 2nd Bi-Annual Anti-Money Laundering (half-day) Forum Jersey International Business School JIBS Events bookings@jerseyibs.com
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Event Speakers

Chris Usher 400 X 400

Chris Usher

Managing Director (Jersey) of BPP CI

Chris has over 20 years’ experience in international financial services, working both in the UK and offshore, for major financial institutions such as Barclays Wealth and Santander.

Formerly an International Investment Manager he advised both individuals and corporate entities on complex investment scenarios. He now specialises in delivering training in investment management, taxation and regulatory matters in international finance centres around the world.

Chris is a specialist chairman of a number of high-profile events, including conferences such as the Annual Compliance & Economic Crime Symposium and the International Taxation Conference. As an expert in the financial crime risks posed to international offshore financial centres, Chris was invited to speak at the Association of Certified Anti-Money Laundering Specialists (ACAMS) conference on the topic of ‘Understanding the Criminal Vulnerabilities of Offshore Products and Services’.

400 X 400 Andrew Mitchell

Andrew Mitchell

Founder of Equilibrium Futures Ltd

Andrew Mitchell is an international thought leader on natural capital and environmental risk. Through his consultancy, Equilibrium Futures, he advises governments, companies and the financial sector on their emerging impacts and opportunities linked to climate change and the environment. He is the Founder of Global Canopy, a think tank in Oxford, specialising in tropical forests and supply chains. He is also co-founder of the Natural Capital Finance Alliance, the leading body engaging banks, investors, and insurers on natural capital. He chairs the Advisory Board of Ecosphere Plus (E+), a company specialising in developing markets for environmental assets. He is Senior Adviser to its parent, the impact investment company Mirova Natural Capital. Andrew also helps family offices to understand their impact on nature through finance and philanthropy. He has 40 years of experience working at the conservation frontline to protect tropical rainforests and the world’s endangered species.

Photo credit: Matt Porteous, Studio M, Jersey

400 X 400 Tom Fothergill

Tom Fothergill

Lead Policy Adviser – Financial Crime for the Government of Jersey

Tom Fothergill is Lead Policy Adviser, Financial Crime in the Office of the Chief Executive, Government of Jersey. He was previously Lead Policy Adviser, Financial Services & Digital Economy having joined the Government in October 2017. Tom’s focus is on financial crime strategy, transparency policy, financial services and fintech regulation.

Prior to joining the Government of Jersey, Tom was a corporate lawyer whose practice was built on advising financial services businesses on their regulatory obligations, and restructuring regulated businesses in response to changing regulatory and economic environments. He advised on a series of innovative and high-value intra-group transfer schemes of banking, investment and insurance books across the Crown Dependencies, while maintaining a busy portfolio of general finance, corporate and listing work. In 2015, Tom was seconded to Government to lead the creation of Jersey’s bank resolution regime.

Tom previously served as an officer in the British Army and founded a business which he subsequently sold.

400 X 400 Helen Hatton New

Helen Hatton

Managing Director – Risk Advisory Services at BDO Sator Regulatory Consulting

Helen Hatton is the Managing Director of BDO Sator Regulatory Consulting Limited and Chairman of BDO Group based in Jersey.

Helen maintains key client relationships and oversight responsibility for all major projects. She is a retained and trusted advisor to a number of major institutions in Jersey and Internationally.

Widely recognised as the prime architect of the modern Jersey regulatory regime, Helen Hatton resigned as Deputy Director General of the Jersey Financial Services Commission in May 2009, to establish Sator Regulatory Consulting Limited, having led the implementation of regulatory development in the Island from its blacklisted state in 1999 to achieving one of the world’s best IMF evaluation results.

After seven years of outstanding performance, Sator Regulatory Consulting Limited merged with BDO Jersey Limited in April 2016 and undertakes governance, risk and compliance assignments for leading financial services businesses; international standards-setting bodies including the World Bank and IMF, and regulatory authorities.

Prior to taking up her role in Jersey, Mrs Hatton was director of enforcement with the Isle of Man Financial Supervision Commission from 1992-1999, introducing the first offshore “all crimes” money laundering regime in 1997 and, notably, achieving the world’s first “freestanding” offshore Mareva injunction without a local cause of action in the case SIB-v-Lloyd Wright. This milestone case brought an effective end to banking secrecy in the Crown Dependencies.

400 X 400 James Mews

James Mews

Counsel at Pinel Advocates

James has nineteen years’ legal experience. This includes advising a range of clients on banking, corporate and commercial, litigation and private client matters and playing a major part in the development of Jersey’s financial services laws as the Director, Finance Industry Development, Chief Minister’s Department. Prior to then, he was Senior Counsel in the Enforcement Division of the Jersey Financial Services Commission advising on regulatory matters.

James led and participated in working parties on banking laws including bank transfer arrangements, SEPA, the creation of a deposit compensation scheme, and a bank resolution law. In the private client arena he led and participated in the working parties creating the Jersey foundation, and recent trusts amendments. In the regulatory sphere, James has been significantly involved in new legislation over the last 10 years including AML developments, the AML reviews by the IMF and Moneyval, the creation of civil fining powers for the regulator and the creation of the Jersey ombudsman.

James has been an active contributor to the Jersey Bankers Association and Jersey Association of Trust Companies on legal matters, and spoken at many seminars relating to financial services from private client, to banking and insolvency issues. He recently chaired an event at a Cambridge International Symposium on AML and banking matters including senior representatives from the Bank of England and leading UK, European and American lawyers.

2020-03-17 09:00:002020-03-17 13:00:00Europe/London2nd Bi-Annual Anti-Money Laundering (half-day) ForumJersey International Business SchoolJIBS Eventsbookings@jerseyibs.com

Jersey International Business School

12/13 Caledonia Place, St Helier, Jersey, JE2 3NG

2020-03-17 09:00:00 2020-03-17 13:00:00 Europe/London 2nd Bi-Annual Anti-Money Laundering (half-day) Forum Jersey International Business School JIBS Events bookings@jerseyibs.com