Join us for a comprehensive two-day briefing and training session organized by CARICOM and provided by BAFT (The Bankers Association for Finance and Trade). Objective: To train Caribbean based respondent banks on international AML/CFT standards and recommended actions that may improve their ability to obtain and maintain Correspondent Banking Relationship by using the BAFT’s Respondent Playbook. Who Should Attend: • Head of Trade Finance • Head of Financial Institutions • Compliance Directors and officers • Risk Managers • Head of…
You do not want to miss this opportunity! The Caribbean Association of Banks and Promontory, an IBM Company, invite you to a fourth webinar as part of our ongoing series where expert perspectives on correspondent banking and best practices in governance will be presented and discussed. In addition, a U.S. correspondent bank will directly share their expectations for best practices in securing or maintaining correspondent banking relationships. Learn strategies for obtaining or maintaining correspondent relationships Discuss practices for communicating with…
THANK YOU to those of you who attended our 4th annual CEO and Director Forum at the Hyatt Regency Miami. We do that hope that this event added value for you, and provided opportunities for learning and networking. Please click the links below, where available, for additional content, including video, photos, and presentations from our panelists. PHOTOS (Both Days) Day 1: Welcome & Opening Remarks [PDF] Mr. Dalton Lee, Chairperson, Caribbean Association Of Banks Inc. Keynote Speaker Dr.Christopher Bart, Chairperson, Caribbean Governance…
The Wolfsberg Group has published a new Due Diligence Questionnaire on Correspondent Banking as a primary initiative to help address the decline of Correspondent Banking Relationships. Prior to this, there was no standardized format for information required in maintenance of Correspondent Banking Relationships. According to Wolfsburg, the new form will aim to set an enhanced standard for Correspondent Banking Due Diligence and reduce additional data requirements to a minimum. This standardized document should result in a less tedious and costly…
