Former Enron CFO To Speak About Ethics
yCompliance will be presenting the 2nd Annual Financial Crime & Compliance Seminar at the Fairmont Southampton in Bermuda on October 9, 2014.
“If you ask any business executive what is it that keeps them up at night, rest assured compliance and risk management will be one of the key topics,” said Tina J. Laws, President of the Association of Bermuda Compliance Officers.
“So how do businesses guard against the perils of non compliance and out of control risk? Ensuring that their compliance and risk professionals are adequately trained and skilled for the job is essential. Adding more and more controls, policies, procedures, systems, and more staff cannot substitute for staff that are highly trained and behave ethically.”
Mrs. Laws added, “The Financial Crime and Compliance Seminar being hosted by yCompliance, brings an appropriate mix of technical topics, ethics, as well as real based scenarios. The speakers are an illustrious group and to be afforded access to them on Island is a very exciting opportunity. The Association of Bermuda Compliance Officers are proud to be a sponsor of this event and look forward to seeing many business professionals there”.
A spokesperson said, “Despite today’s more regulated and enlightened business environment, we continue to witness “Enron-esque” failures of corporate governance. Enron’s former CFO, Andrew Fastow, will make observations about how the ambiguity and complexity of laws and regulations breeds opportunity for problematic decisions and will discuss what questions corporate directors, management, attorneys, and accountants should ask in order to ensure that their companies not only follow the rules, but uphold the principles behind them.
“As one of the world’s most reputable offshore financial centers, Bermuda is home to many foreign companies who operate under the British Overseas Territory’s robust financial legislative framework. The theme for the 2014 seminar is “Who can you trust?” Given Bermuda’s current political climate and Government’s continued battle to combat financial crime, this seminar is one of the key initiatives to position Bermuda at the forefront of action against bribery & corruption and other financial crimes.”
Confirmed speakers and panelists include:
- Andrew S. Fastow – former CFO for Enron. [pictured]
- The Hon. Gordon Wetherell, CMG – former Governor for the Turks & Caicos Islands.
- Brian M. Quirk – Director, Preti Flaherty.
- Tina Laws, FICA, CAMS – Managing Director, Compliance Matters Bermuda Ltd.
- Buddy Doyle – Founding Principal & Managing Director, Oyster Consulting LLC
- Brain Stoeckert, JD, CAMS, CFE– Principal, FC Strategy Group.
- Martha Harris Myron, CPA, PFS, CFP[USA], JP – Journalist and President, PondStraddler Life Consultancy.
- Chris Brown – Head of Compliance, HSBC Bank Bermuda Limited.
- Niall Farrell – Deputy Director, Run-Off & Monitoring, Bermuda Monetary Authority [BMA].
- Mathew Clingerman – Managing Director, KRyS Global, Bermuda
The seminar program as well as the full profiles of the speakers and panelists can be retrieved at ycseminars.com. Tickets are priced at BM$395 and group rates are available. More details about the seminar as well as registration and sponsorship information can be found at ycseminars.com or by emailing info@ycompliance.com.
I guess crime does pay. This guy was a key part of a billion dollar fraud. Now, he makes a very good living on the lecture and public speaking circuit and commands a very nice appearance fee.
Whereas the guy who steals a loaf of bread can’t get a job because of his criminal record.