Appleby is now offering Compliance Officer and Money Laundering Reporting Officer services through its fiduciary and administration provider, Appleby Global Services (AGS). Appleby has also expanded its training offering, devising and implementing training programmes for its clients which cover the AML/ATF and sanctions regime, data privacy and anti-bribery and corruption. Appleby has extended its compliance offering to include conducting AML/ATF and sanction programme audits.
Jarion Richardson specialises in designing and implementing compliance frameworks for complex regulated businesses and his experience leading on-site examination teams for the Bermuda Monetary Authority (BMA), as well as serving as the lead developer and instructor of the BMA’s specialist courses in AML, makes his technical expertise and understanding of the legislative framework unparalleled in Bermuda. Jarion is also an experienced and highly qualified Compliance Officer and Money Laundering Reporting Officer. Jarion previously ran his own compliance and regulatory consulting firm specialising in financial crime prevention including AML.
Appleby has a team of expert advisors across a range of disciplines allowing us to offer a one-stop shop on the whole spectrum of compliance issues from the routine and non-contentious, right through to complex, contentious matters and enforcement proceedings. Our team includes Sally Penrose who is head of our Regulatory corporate practice and John Wasty who is head of our Regulatory dispute practice.
Sally advises financial institutions, global corporations, professional and public bodies on a wide range of regulatory and licensing issues. Sally is a leading advisor on economic substance issues and has been actively involved in the Economic Substance Task Force established by the Minister of Finance. Sally is also a member of Appleby’s global Technology & Innovation group, providing comprehensive advice in connection with all aspects of initial coin offerings and the carrying on of digital asset business.
John has an extensive body of experience in dealing with the BMA and the Regulatory Authority of Bermuda in relation to AML/ATF, banking/financial institution, telecommunications, insurance and reinsurance, and fund regulation and enforcement issues including regularly advising Bermuda’s largest companies and their management in connection with On-site investigations, Warning Notices, Decision Notices and appeals of BMA and Regulatory Authority of Bermuda decisions. John also regularly advises on Production Orders.
We are pleased to welcome Jarion and expand on our Regulatory and Compliance Services. Our team’s deep understanding of regulatory requirements and technical expertise will ensure that Appleby continues to offer best in class advice on the regulatory issues facing Bermuda businesses. Please contact a member of the team if you have any questions or would like to discuss your regulatory and compliance needs.