The detection of financial crime, the measures available to counter terrorist financing and the implications for offshore professionals will be amongst the issues discussed by senior local and visiting prosecutors, regulators and financial crime experts at a symposium in Jersey this week.
The annual BakerPlatt Economic Crime Symposium includes on its agenda a review of recent corruption investigations, an update on how regulators are tackling enforcement and terrorist financing and an analysis of the repercussions of the recent IMF Review of Jersey.
A number of visiting specialists will be taking to the podium during the event, including asset tracing expert Alex Yearsley, Director of Proven Legal, and former campaigner and investigator. Philip Atkinson, a police officer for over 30 years with significant experience in the national security and counter terrorist fields, will also speak. A founder member of the NCIS Terrorist Finance Team after September 11th 2001, he now leads the terrorist finance element within the UK Financial Intelligence Unit of the Serious Organised Crime Agency (SOCA).
Further specialist views will be provided by David McCluskey, a fraud, corruption and money laundering specialist and Partner at law firm Peters and Peters, and Antony Smyth, Partner at Ernst & Young, who specialises in sanctions.
The keynote address will be given by Clive Jones, Chairman of the Board of Commissioners of the Jersey Financial Services Commission (JFSC). With a career in international banking spanning 36 years, Other Jersey-based guest speakers include Barry Faudemer, Director of Enforcement for the JFSC, and Detective Inspector Mark Coxshall, Head Officer of the Jersey Financial Crimes Unit.
Leading lawyers and specialists from the BakerPlatt Group, including Stephen Platt, Chairman, William Redgrave, Senior Associate, and Ed Shorrock, Director of Regulatory and Forensic Services, will also be giving talks on economic crime and regulatory issues.
Stephen Platt, Chairman of the BakerPlatt Group, commented:
‘This year has been particularly significant, with sanctions, regulation and terrorist financing all coming very much to the fore for international finance centres around the world. How they approach these important and often complex issues over the coming years will be absolutely crucial. I am therefore delighted to welcome such a distinguished panel of specialists to this year’s Symposium. An increasingly aggressive global approach to tackling financial crime, the perspectives of lawmakers and regulators and the role of offshore jurisdictions in combating financial crime will all be discussed and I am sure will spark some heated and enlightening debate.’
The BakerPlatt Economic Crime Symposium is a one day event and takes place at the Hotel de France on Friday 20th November. Further details are available from the firm’s website www.bakerplatt.com.