Let us make compliance EASY FOR YOU

We pull it all together for you and boil down international and domestic regulatory obligations and guidance into your program documentation.

Let us create your written AML CFT Risk Assessments, policies & procedures, onboarding materials, client risk scoring forms and methodology, compliance Board / management reports, suspicious transaction registers and so much more. All the tools you need to ensure a robust compliance program.

Our Services

AML CFT Training

As a lively and engaging facilitator using the most recent cases and methods, delivering customized Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF) training sessions for staff, management and the Board of Directors.

AML CFT Compliance Program Creation & Upgrading

Compliance program development, including policy and procedure creation along with any required documentation such as onboarding materials and forms, client risk scoring forms and methodology, compliance Board reports, suspicious transaction registers.

Independent AML CFT Audit Reviews

We conduct a comprehensive independent review of your Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF) compliance program resulting in a detailed report of observations and recommendations with suggested mitigation steps.

Entity AML CFT Risk Assessments

Create written AML CFT risk assessments for your entity which analyzes the risks of being vulnerable to money laundering as well as terrorism and proliferation financing under specific risk categories such as customer, geography, products and services, structure and delivery channel risks.

Online Training

For those looking to take online learning courses on a variety of topics, such as Anti-Money Laundering (AML), Combatting the Financing of Terrorism (CFT), the Financial Indicators of Human Trafficking, Anti-Bribery and Corruption and much more.

Visit Our Learning Portal

Speaking Engagements

Glenna is an expert and captivating speaker at conferences regionally and internationally on a variety of topics, such as Anti-Money Laundering (AML) / Combatting the Financing of Terrorism (CFT), Human Trafficking & Financial Indicators, Ensure Your Board Knows What They Need to Know, Anti-Bribery and Corruption, and much more.

Training & Speaking Engagements

There is nothing I love better than taking topics such as AML CFT & PF and making the requirements practical and easy to understand along with real life cases and methods to expand your understanding – while making it easy and fun to learn!

I am a frequent speaker at international conferences on anti-money laundering, counter terrorism financing, the financial indicators of human trafficking, the latest money laundering schemes, trade based money laundering and so much more.

About Us

Glenna Smith, Managing Director

Smith Compliance Consulting is led by Glenna Smith as Managing Director.

Glenna is an expert in this field with over 30 years in regulatory compliance and financial services. Glenna regularly authors articles and is a very engaging presenter who speaks at key conferences regionally and internationally.

Glenna is a Certified Anti-Money Laundering Specialist (CAMS), holds an Advanced Certificate in Managing Virtual Currency and Financial Crime Risks, the former President of the Barbados Association of Compliance Professionals, Board member of Caribbean Regional Compliance Association (CRCA) and Director and chairs the Banking Committee of Barbados International Business Association (BIBA).

AML CFT PF Qualifications:

Certified Anti-Money Laundering Specialist (CAMS) by ACAMS
Advanced Certificate in Managing Virtual Currency and Financial Crime Risks
Attends Caribbean Regional Compliance Association (CRCA) conferences
Attends ACAMS events regularly
Delivers dozens of training sessions yearly
Speaks regularly at conferences, regionally and internationally

Resources

Useful Links

Barbados Mutual Evaluation Report 2018

The Central Bank of Barbados (CBB)

The Financial Services Commission (FSC)

Financial Action Task Force (FATF)

Caribbean Financial Action Task Force (CFATF)

Financial Intelligence Unit (FIU) of Barbados

Articles

Ugly Truth About Human Trafficking (pg. 5)

Why Not Do What I Love – Where I Love?

The Realistic Challenges of PEP Determination – Is It Time for a Change?

Does Barbados Need Privacy Protection Legislation?

FATCA and AML KYC – Will They be Happily Married or At Risk for Divorce