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Compass News
Government launches digital task force
The National Digital Transformation Strategy Task Force aims to build a digital backbone for government, the private sector, and the wider society to adopt emerging technologies.
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Cayman Compass
Anti-money laundering specialists launch association in Cayman
The Cayman chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS) was launched with a high-profile event on 8 Oct. And experts say it’s an important step to bolstering the islands’ reputation as a transparent jurisdiction.
Cayman has more than 800 ACAMS members – one of the highest concentrations outside of the US and UK. Yet until now the islands didn’t have a dedicated chapter. “Having in-person events tailored to local relevance is important, rather than just global educational events,” said ACAMS Cayman Islands Chapter co-founder Amber Ramsey. “Our events will be specific to what professionals in the Cayman Islands need to know.”
The local chapter will also provide a useful networking forum where Cayman-based compliance professionals can swap notes about the latest anti-money laundering threats. “When we worked with ACAMS Global on the launch, they told us they had never had more than 75 attendees at a launch event,” said Ramsey. “We ended up with more than 150 including a large contingent of government officials.”
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