Guernsey's Anti-Laundering Seminars Attract Leading International Speakers

by Amanda Banks, Tax-News.com, London

10 July 2002

A series of seven anti-money laundering seminars held in Guernsey over the course of this week have attracted a large number of expert speakers, according to the locally-based Guernsey Press and Star.

The courses are aimed at senior managers, compliance officers, and money laundering reporting officers from within the jurisdiction's banking, fiduciary, investment, and insurance sectors, and by the end of this week, more than 250 local delegates will have attended the talks.

The list of speakers includes high-level representatives from the European Commission, the National Criminal Intelligence Service, the UK Treasury, the Federal Reserve Bank of New York, and the US Department of Justice.

Speaking to the Guernsey Press, Richard Walker, Deputy Director of Policy and International Affairs at the Guernsey Financial Services Commission expressed his delight at both the high standard of guest speakers, and at the enthusiastic response from the Island's financial community:

'The speakers, all of whom are leaders in their fields, have...shared their expertise in countering money laundering, fraud and terrorist financing with local financial services businesses,' he told the newspaper, adding that: 'It would be difficult for businesses to find such a level of expertise in any other forum.'

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