EY Staff Gain Anti-Money Laundering Certification

November 13, 2019 | 1 Comment

Recently, over 30 EY professionals from the EY Region of the Bahamas, Bermuda, British Virgin Islands and Cayman Islands received the prestigious Certified Anti-Money Laundering Specialist [CAMS®] credential from the Association of Certified Anti-Money Laundering Specialists® [ACAMS®].

A spokesperson said, “Recipients included Partners, Principals, Executive Directors and Directors at EY across Assurance, Advisory, Tax and Quality services. The CAMS credential is the highest standard in AML certifications and is held by very few in the Region.

“It is recognized internationally by financial institutions, governments and regulators as a serious commitment to protecting the financial system against money laundering.

“The new specialists received the distinction after completing 40 hours of self-study, an all-day intensive bootcamp and a rigorous examination demonstrating their aptitude and expertise in anti-money laundering detection and enforcement – including money laundering and terrorist financing methods, the best practices to stop these and other financial crimes, as well as key related legislation in place worldwide, global AML standards and developing defenses for financial institutions to stop terrorist financing and money laundering.”

“The CAMS® certification is a valuable investment in the skills of our professionals in our Region as it enables them to help our clients detect breaches and safeguard against reputational and financial risks associated with financial crimes,” said Dan Scott, EY Regional Managing Partner.

“This is just one more way we are demonstrating our commitment to bringing the exceptional service and expertise to our clients on the ground with the highest level of responsiveness.”

LaNishka Farrington-McSweeney, EY Assurance Partner and Regional FinCrime and Anti-Money Laundering Solutions Leader, added, “It was important for us to ensure that our EY professionals have the most up-to-date skills and training in order to assist clients across the countries in the northern Caribbean, Bermuda and the Bahamas with complex regulations.

“It is also a piece of good corporate citizenship as we do our part to help countries and their regulators combat this ever increasing problem.”

“As highly skilled teams staffed with subject matter experts, this training and distinction ensures that we stay current and committed to combatting money laundering, as well as providing this expertise to clients,” said Chris Maiato, EY Regional Advisory Leader based in Bermuda.

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  1. White says:

    So I guess Cup Match is cancelled now as that is the money laundering event of the year in Bermuda! Well done

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