KPMG To Host Annual AML Round Tables

Anti-Money Laundering and Sanctions compliance matters continue to be top of mind in the Financial Services industry in Bermuda – as they do across the globe. AML programs are expected to be leveraged for FATCA compliance, suggesting that robust AML/ATF procedures will prove to be an advantage in preparing for FATCA’s “go live” date of January 1, 2014.

With this in mind, KPMG in Bermuda will be hosting four Annual AML Round Tables starting on Wednesday October 2, 2013.

Facilitator of the event, Charles Thresh [pictured], Managing Director, KPMG Advisory Limited, said, “Following on the success of last year’s MLRO event, the 2013 round table sessions will provide open and collaborative forums for discussing industry-specific Anti-Money Laundering and Anti-Terrorist Financing compliance issues, as well as provide an update on relevant local AML/ATF regulatory developments for Bermuda’s Insurance, Banking, Investment and Trust industries.”

The industry specific sessions include:

• Bermuda Insurance Industry AML Roundtable – 9:00-11:00am on Wednesday, October 2, 2013
• Bermuda Banking Industry AML Roundtable – 3:00-5:00pm on Wednesday, October 2, 2013
• Bermuda Investments Industry AML Roundtable – 9:00-11:00am on Thursday, October 3, 2013
• Bermuda Trusts Industry AML Roundtable – 3:00-5:00pm on Thursday, October 3, 2013

The cost to attend is $350 per person, and limited space remains to register attendance for any of the roundtable sessions. Registration covers one of the industry specific, AML Round Table Events, and one of the MLRO training sessions to follow later on in the year.

For further information on AML/ATF or FATCA compliance, visit here.

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