Aspida’s Doug MacKay takes you through the practical steps that can be taken to ensure you comply with the economic substance rules, without relying on any Covid exemptions on travel restrictions.
Compliance was once seen as the ‘business prevention unit’, however here at Aspida from our very origins we have seen compliance as a business enabler and our practical and pragmatic tagline has become even more prevalent in recent years.
Aspida highlights compliance career benefits Aspida is yet again recruiting new talent eager to pursue a career in the rapidly growing profession of Compliance. After the highly successful launch of our Compliance Trainee programme in 2019, Aspida is yet again recruiting new talent eager to pursue a career in the rapidly growing profession of Compliance. You
Maintaining the integrity of the financial market is a key objective for the FIAU. In the current climate, it is important for Subject Persons to maintain effective systems and controls to prevent money laundering and terrorist financing – this should include the timely reporting of Suspicious Transaction Reports (STRs) of any new perceived threats.
The new Fiduciary Rules and Guidance consolidate and strengthen the regulatory framework for licensed fiduciaries.
The benefit of effective intelligence is clearly that it enables recipients to execute a task in an effective manner.
At first it was Health & Safety officers that were tagged the “business prevention team” then it was Compliance Officers. But today it seems to be the corporate Governance team that has inherited that particularly unwelcome moniker.