The Cayman Islands Compliance Association (“CICA”) has been in existence since October 2000 as a not-for-profit organization.
The formal objectives of CICA are to:
Provide members with the information to assist with the implementation and maintenance of effective compliance and anti-money laundering programmes in their respective financial services organisation.
Provide an open forum for sharing information and training.
Identify common practices in the financial services industry and seek to raise the level of compliance in the financial services industry.
Provide a forum for discussion of new legislation or required best practice relevant to the Cayman Islands financial services industry.
Offer information on compliance and anti-money laundering issues.
The CICA scholarship initiative has existed for many years. As one of the primary objectives of the association, the scholarship is awarded to Caymanians who are seeking to develop their compliance skills and further their careers.
The scholarship provides funding for the study and examination process for the CAMS designation through ACAMS or the compliance diploma course offered by the ICA.
Certificate:
Certified Anti-Money Laundering Specialist (CAMS) Designation
Scholarships Offered:
Three
About:
The CAMS Examination is an internationally recognized examination that rigorously tests for aptitude and expertise in anti-money laundering detection, prevention and enforcement. Each person who passes the exam becomes a Certified Anti-Money Laundering Specialist® (CAMS), a designation that denotes one as an authority in the AML field.
Eligibility:
The CAMS Examination requires a minimum of 40 qualifying credits based on education, other professional certification, and professional experience in the anti-money laundering field. For details on the ACAMS credit award system, please visit the ACAMS or CICA website.
Certificate:
ICA Advanced Certificate in Compliance
Scholarships Offered:
Three
About:
This course is suitable for those new to the field of compliance and will help develop a good understanding of compliance fundamentals. This programme will provide practical skills to foster a good compliance culture within your organization.
Eligibility:
Applicants must have a sound educational background and good written English skills. The minimum requirements to be eligible to apply:
(1) at least three years’ work experience in the financial industry, preferably in a AML/KYC role with a minimum of a High School Diploma; and
(2) a named mentor who will assist the recipient with their study.
Candidates must submit their resume which demonstrates that the minimum requirements are met and a personal statement (not to exceed 1000 words). In addition, applicants must also submit a letter of recommendation from their employer and confirmation of the mentor who will provide guidance during the course of study. CICA reserves the right to interview candidates for final selection.
Congratulations to Joeniel Bent who is CICA’s latest graduate of our 2023 ACAMS Scholarship Initiative.
We are pleased to announce the recipients of the 2023 scholarships:
Elicia Copeland – CAMS
Leleith Ebanks – CAMS
Kathryn Ebanks – ICA
Najee Mais – ICA
Tamara Tanis – ICA
Terrianne Parchment – ICA
Congratulations to our 2022 Scholarship Recipients who have passed their exams:
Joan Ebanks-Agurcia – CAMS;
Opal Erskine – CAMS; and
Mortisha Powery – ICA.
Cayman Islands Compliance Association. All rights reserved.