ACAMS Virtual Currencies Digital Assets Seminar
The Minister of National Security Wayne Caines was invited to give the keynote address at the ACAMS Virtual Currencies/Digital Assets and Beyond for Compliance Professionals seminar held yesterday [Oct 25] at Rosewood Bermuda.
Minister Wayne Caines with representatives from ACAMS Virtual Currencies/Digital Assets and Beyond for Compliance Professionals seminar
“The one-day interactive seminar, on how countries and companies of all sizes are grasping with the spread of a new era in virtual and crypto-based currency businesses, products and services is especially in true in Bermuda, where we have a national effort to become a world leader in financial technology and innovation,” a Ministry spokesperson said.
“It addressed core AML practices that may remain effective in this new paradigm, changes that need to be implemented immediately and mandatory elements of a solid compliance program. It provided attendees a strong understanding of the principal elements and the knowledge required to lay the foundations of a compliance and risk management program at all levels.
The Minister spoke about Bermuda’s efforts to position itself as a leader in the fintech sector followed by a question and answer session.
Following his presentation he noted, “This was an excellent opportunity to speak at the ACAMS Virtual Currencies/Digital Assets and Beyond for Compliance Professionals seminar as it allowed me to present and answer questions from those persons whom are integral to our efforts.
“Bermuda’s world class reputation, regulation, and as a center for innovation were the focus of my discussion. I had the opportunity to discuss Bermuda’s blue chip advantages and why we should be the domicile of choice for businesses.”
“I also shared how we work closely with our global partners and have made coming to Bermuda an easy and seamless process.
“One of the main messages I offered to attendees is that Bermuda places the highest value in our legislation and financial regulations and will endeavor to ensure that companies domiciled in Bermuda will be of the highest standard.”
For more info on the seminar visit ACAMS Virtual Currencies/Digital Assets and Beyond for Compliance Professionals.
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“I also shared how we work closely with our global partners and have made coming to Bermuda an easy and seamless process.
(( I’ll just leave that there while I check to see if there is enough Titty Milk )).
back from checking,there wasn’t any left,I’ll blame Wayne for that.
But did any of you see this —-> have made coming to Bermuda an easy and seamless process.
btw,we work closely with our global parnters to see that we get our slice of de pie.
If I had ten dollars for every time Caines has spoken at a conference I would be very rich. A lot richer than I will ever be through fintech …