Compliance Audits

The Financial Obligations Regulations 2010, Regulation 10, provides that all Financial Institutions are required to have an External Compliance Audit Review completed to assess Anti-Money Laundering and Counter Terrorist Financing compliance.  This activity should be completed at least annually and the audit report once completed and approved by the Board must be submitted to the Financial Intelligence Unit of Trinidad and Tobago.

In selecting the professional for the External Compliance Audit, Financial Institutions are guided by Regulation 10 (5) which states that;

‘all auditors or other competent professionals engaged for the purposes of these Regulations, shall be specifically trained to undertake their functions’.

Global Forensic Institute (GFI) has within it ranks Certified Anti Money Laundering Specialists (CAMS) and Certified Fraud Examiners (CFE) some thirty years combined experience in the financial services sector in areas such as, Forensic Investigations, Fraud Risk Management, Financial Crime Management and Court Expert Witness Testimony.