Sanctions - ComplianceAid Website

ComplianceAid & Antigua and Barbuda Coalition of Service Industries conduct AML and FATCA Presentation

July 18, 2013Michelle N. MartinNews

On July 18th, 2013 ComplianceAid in collaboration with the Antigua and Barbuda Coalition of Service Industries conducted a presentation for all regulated businesses. This presentation focused on the practical steps in developing your Anti - Money Laundering (AML) Program under the laws of Antigua & Barbuda. The Foreign Account Tax Compliance Act (FATCA) was also...

Michelle Martin, President, ComplianceAid presents at the Caribbean Confederation of Credit Union International Conference in Jamaica

July 2, 2012Michelle N. MartinNews

Ms. Michelle Martin, President, ComplianceAid presented at the Caribbean Confederation of Credit Union International Conference in Jamaica - June 25th, 2012. Ms. Martin, presented on Anti- Money Laundering Know your Responsibilities.

Ms. Michelle Martin presents to the Antigua and Barbuda Bar Association

September 11, 2011Michelle N. MartinNews

Ms. Michelle Martin, President ComplianceAid, in July 2011 presented to the Antigua & Barbuda Bar Association a 4-hours session for lawyers’ members of the association in matters related to the application of Anti-Money Laundering and Combating Terrorist Financing regulations to legal professionals.

Mr. Atkinson – General Manager – Sagicor Finance Inc – Testimonial

July 19, 2011Michelle N. MartinTestimonials

With the ever present threat of reputational risk stemming from money laundering and terrorist financing, it has become mandatory for Sagicor Finance to remain vigilant and compliant with regulations stipulated by our regulatory body, the Eastern Caribbean Central Bank (ECCB), along with our own domestic laws governing Anti-Money laundering & Combating Terrorist Financing (AML/CTF). In...

News on FATCA (The Foreign Account Tax Compliance Act)

July 13, 2011Michelle N. MartinNews

As you all may know, on March18, 2010 FATCA was passed by the U.S. Congress with final implementation date of December 31, 2012. Per FATCA, all foreign financial institutions (FFIs) are asked to enter into an agreement with the United States Internal Revenue Service (IRS) to report assets of U.S. citizens and residents holding accounts...

Adopting a System of Continuous Risk management

July 13, 2011Michelle N. MartinNews

Ms. Michelle Martin, President ComplianceAid will speak at the 5th Annual Meeting & Conference of the Caribbean Association of Audit Committee Members (CAACM) & Institute of Chartered Accountants ( ICATT), July 13 – 15, 2011 in Trinidad & Tobago.

Ms. Michelle Martin, President ComplianceAid conducts AML-KYC Training for Caribbean Association of Indigenous Bank (CAIB) Members

May 30, 2011Michelle N. MartinNews

Ms. Michelle Martin, President, ComplianceAid provided a two day in-dept training to Caribbean Association of Indigenous Bank (CAIB) members on the topic Anti-Money Laundering (AML) and Know Your Customer (KYC) in St. Lucia. Attendees comprised of twenty (20) Senior Level and Compliance officer's participants from various Financial Services industries.

Is your Financial Institution OFAC Compliant?

May 17, 2009Michelle N. MartinOFAC

The Office of Foreign Assets Control (OFAC) administers a series of laws that impose economic sanctions against hostile targets to further U.S. foreign policy and national security objectives. US Sanctions are a collection of United States laws, which prohibit US Persons from conducting trade and financial transactions with certain countries, individuals and entities. There are...