Enhancing AML detection through AI & A Practical Guide to Estate Planning – Succession & Wills

Enhancing Anti Money Laundering (AML) detection through Artificial Intelligence (AI)

With the revolutionary introduction of artificial intelligence (AI) in AML, it has the potential to enhance AML capabilities by increasing the accuracy and efficiency of detecting and preventing suspicious activities in financial institutions. This highly interactive workshop is designed for participants to take a deeper dive into the world of AI and AML, explore its role in detection and prevention of suspicious transactions, while being educated on how CDD and EDD may also be enhanced.

 

A Practical Guide to Estate Planning – Succession & Wills

This highly interactive session is the first of a series of sessions designed to provide participants with knowledge and understanding of the key elements of Estate Planning and practical guidance

Enhancing Anti Money Laundering (AML) detection through Artificial Intelligence (AI) At the end of this session, participants will gain an understanding and appreciation of AI and AML in the following topic areas:

• Transaction Monitoring
• Customer Due Diligence (CDD)
• Suspicious Activity Reporting (SAR)
• Behavioural Analysis
• Role of regulatory bodies in shaping AI in AML use
• Benefits of AI in AML

  A Practical Guide to Estate Planning – Succession & Wills At the end of this session, participants will gain an understanding and appreciation  in the following topic areas:

• Succession and how it operates
• The effect of a will vs no Will
• Requirements for a Will to be valid (with case examples)
• Impact of amendments, revocation and revival (with case examples)
• Examples of wills

 

Enhancing Anti Money Laundering (AML) detection through Artificial Intelligence (AI) Mr. Ulric Miller is certainly no stranger to the Insurance Industry and has over 45 years’ experience. More specifically, his role as a TTII lecturer and trainer has spanned a diverse range of subject areas namely Long-term Insurance Business, AML/CFT/CPF, Strategic planning and Ethics. His historical roots run deeply in the TTII, as he also served as President of the Council of Trustees. Regionally, he has held the position of 1st Vice President of the Association of Insurance Institutes of the Caribbean (AIIC). He has also served as an adept change manager with special experience in leveraging IT, possesses a highly successful track record in Customer Relationship Management, Strategic Management and Scenario Planning. His unwavering dedication to leadership and management is reflected in his service as a member on various state and private boards. Mr. Miller holds the designation as a Fellow of the Life Management Institute which demonstrates his in-depth knowledge and expertise in the field of long-term insurance management. Among his other accolades are Certified Anti-Money Laundering Specialist (CAMS) and Associate in Insurance Regulatory Compliance (AIRC).   A Practical Guide to Estate Planning – Succession & Wills Sarita Parsad is an Attorney-at-law who currently holds the position of Group Chief Executive Officer at Palmar Holdings, a local conglomerate. Prior to this appointment, Sarita was the Head, Legal & Compliance at Trinidad & Tobago Insurance Limited (TATIL). Sarita has over eighteen (18) years’ experience in the industry, during which time she became versed in dealing with insurance regulatory matters and all issues pertaining to insurance property and casualty claims. During her industry tenure, Sarita also served on the Trinidad and Tobago Insurance Institute as a Council of Trustees member, Chair of the Education and Curriculum Sub-Committee, and lectures part-time in compliance and legal education impacting the insurance industry. She was also an active member on ATTIC’s Fraud, Regulatory and Anti-Money Laundering Compliance Committee (FRACC). Sarita is a highly accomplished professional who holds the following degrees: • MSc in Insurance and Sustainable Risk Management from Glasgow Caledonian University, UK, • Masters in Law Degree (LLM, Corporate and Commercial Law) from the University of the West Indies • Master’s Degree in Business Administration (MBA) from Henley School of Business, UK • Bachelor of Laws Degree (LLB) and • Advanced Diploma (ACII) from the Chartered Insurance Institute in the UK where she is a Member of the Society of Claims Professionals • ACAMS certified Currently, she is enrolled in the Fellowship Program at the Chartered Insurance Institute, UK.