First MLRO / MLCO Masterclass in Jersey
with Gareth Rees QC

24 May 2011

“The financial sector has become aware of the strict rules of compliance on money laundering over the last 20 years and many questions have been answered by courts and legislation. Now the focus is turning to the increased number of international financial crimes which makes the need for awareness of the proceeds of criminal conduct even more difficult.” GARETH REES QC

Jersey International Business School is delighted to be able to host the first workshop led by Gareth Rees QC in Jersey. This is a rare opportunity for local money laundering and senior personnel to take advantage of Gareth’s wealth of experience, which covers a spectrum of crime. With increasing emphasis on financial and commercial criminal and regulatory investigations and prosecutions Gareth has also acted in bribery investigations, market abuse and insider dealings and advised on FSA powers on search and seizure.

Stephen Platt, Director of JIBS and co-host of the Masterclass, is acknowledged as one of the world’s foremost experts in the regulation of financial services and financial crime in and through offshore financial centres. He is frequently engaged by governments, regulators and financial institutions in sensitive matters involving sanctions, money laundering, corruption and asset recovery. In 2009 Stephen was appointed by the UN and World Bank as a ‘core expert’ on the StAR anti corruption initiative.

This one day Masterclass draws upon the recent professional experience of the facilitators in prosecuting, defending and investigating money laundering cases and is designed to expose Jersey Money Laundering Officers and Reporting Officers to cutting-edge education.

Held at the Jersey International Business School on Tuesday 24 May this one day course runs from 9am-5pm.

N.B. MLRO: Money Laundering Reporting Officer; MLCO: Money Laundering Compliance Officer

ENDS

If you would like to interview Gareth Rees or Stephen Platt then please call Sara Clews on 816332 or 07797 8828741

Note to editors:
Jersey International Business School has a reputation of excellence in meeting the Island’s learning and development needs for all sectors of the business community. Located in the heart of St Helier, with its own faculty of professional trainers, JIBS remains the exclusive provider of a host of globally recognised qualifications including CLT, STEP, ICA. IoD and two BSc (Hons) Degrees.

Gareth Rees QC
Over the last 2 years Gareth has advised on overseas bribery investigations by the UK, US and Jersey authorities in Africa and the Far East. He has appeared in Export Control Act cases and is instructed to defend in an “Oil-for-Food” Iraq sanctions prosecution by the SFO. He is instructed to defend in trials alleging Mortgage, MTIC and Carbon Credit Frauds and Money Laundering in 2010 and 2011. He has been instructed in two Accountancy and Actuarial Discipline Board investigations into, amongst other things, alleged audit misconduct. In November 2010 he defended in the case of Rollins accused of Insider Dealing. In restraint and confiscation he has dealt with confiscation cases involving benefit of over £30m involving widespread overseas assets. He has advised a company on restraint proceedings. He is instructed to act for two appellants in cases before the Tax Tribunal.
Gareth continues to present seminars to professional bodies, City Law Firms and professional seminar providers. He has presented 2 seminars to Lloyds of London on the Bribery Act 2010 and has recently spoken in Paris on the impact of the Gambling Act in the UK. Gareth continues to defend in general crime which he has done for 30 years and has defended a number of high profile murders in silk including the “Clydach” murders in South Wales and the Soho Chinese Death Mask case. He is increasingly advising and speaking on Sports Law and sits on the RFU Disciplinary Panel.

Stephen Platt
Stephen is the Principal of Stephen Platt & Associates LLP a firm specialising in Risk and Governance services for the financial services industry. He is an Adjunct Professor at the Graduate School of Law at Georgetown University, Washington D.C., a Director of the Jersey International Business School and the founder of the global AML on-line community, KYC360.
Stephen acts primarily for institutional clients and regulatory authorities globally. For the former he advises on governance, risk management and regulatory compliance. For the latter he conducts regulatory inspections and provides advice on AML/CTF rules and the regulation of trust companies, banks and investments businesses. With additional expertise in sanctions, Stephen regularly advises some of the world’s largest non-US banks on the risks of criminal and civil liability resulting from breaches of Office of Foreign Assets Control (OFAC) sanctions and Anti Terror Act Legislation.
Stephen’s expertise is recognised by the British Bankers Association through which he delivers a range of risk management and sanctions training programmes to the banking industry in the UK.