TCI cautioned ahead of 2016 Compliance Evaluations by the CFATF

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 15 Apr 2015 – The Caribbean Financial Action Task Force told Magnetic Media that the Turks and Caicos has to be careful if it is going to stand up to the scrutiny of the CFATF when evaluations come around next year. Jefferson Clarke, Law Enforcement Advisor, CFATF: “Is relatively out of the third round, what we refer to as the third round evaluations. They (TCI) will be evaluated sometime in 2016 or thereabouts and they will be evaluated against the new methodologies. There are a number of things the TCI will now have to put in place in order to meet the new standards. So in terms of a comparison between where you were then and where you are now, it is probably not fair to make a comparison, but I’d like to say the road ahead, if you are not careful is not going to be paved as smoothly as you think.”Jefferson Clarke was one of the presenters last month at the Anti-Money Laundering and Compliance Conference co-hosted by the Financial Intelligence Agency branch of the Financial Services Commission, FSC. Mr. Clarke, who is the Law Enforcement Advisor to the CFATF, said all of the member countries, which number 27, have significantly improved to measure up to the 40 regulations and standards laid out by the CFATF; but with the goal posts shifting slightly, there is new work to be done and it will be more expensive and more tedious.“There is no room to really relax, because we are discovering after the first few countries were evaluated with this new methodology – first country was Trinidad and Tobago, the second country is gonna be Jamaica and in the wider world, we had Norway, Spain and Australia – but we are discovering the new methodology is very burdensome, so because of the increased burdens it demands resources.”Clarke admitted there may be a need for technical assistance, but explained that the TCI has the professional expertise, that the FIA has recently been empowered by new legislation and he believes there is willingness by the TCI Government to color within the lines, so to speak. The evaluation will test the TCIs ability in the area of due diligence when it comes to inward investment in particular. These comments from the Caribbean Financial Action Task Force become particularly important in light of the recent news that the Desarrollos Hotel Group is linked to an investigation by the Securities and Exchange Commission or SEC of the United States. Government has still not commented on the matter which may jeopardize a recently signed $224 million dollar Ritz Carlton hotel project agreement. Related Items:Caribbean Financial Action Task Force, jefferson clarkecenter_img TCIG Enganging Its Stakeholders Through Compliance Conference Three Agencies synergize for Anti-Money Laundering Conferencelast_img read more

WestJet Encore turns 5 celebrates with limitedtime only sale

first_img Travelweek Group Share Friday, June 22, 2018 CALGARY — WestJet Encore, WestJet’s regional airline, is celebrating its fifth anniversary with up to 20% off Econo base fares.By using promo code E52VZ30, clients can save up to 20% off when booking Econo base fares between 20 select destinations in Canada and anywhere WestJet flies, including: Brandon; Nanaimo; Deer Lake; Fredericton; Kamloops; Fort McMurray; Quebec City; Moncton; Comox; Thunder Bay; Grand Prairie; Gander; Sydney; Sudbury; Fort St. John; Prince George; Terrace; London (ON); Penticton; and Yellow Knife.Bookings must be made by June 25, 2018 for travel between Sept. 5 and Dec. 15, 2018. Blackout dates and other restrictions apply.Since its launch in on June 24, 2013, WestJet Encore has operated more than 300,000 flights and has expanded its fleet of Canadian-made Q400 aircraft to 47. It has dropped fares by as much as 50% and increased travel by as much as 90% year-over-year by bringing competition and stimulating travel through lower fares in small and medium-sized communities where populations are not large enough to sustain larger, jet aircraft, says WestJet.More news:  Can you guess the top Instagrammed wedding locations in the world?According to Charles Duncan, President, WestJet Encore and Executive Vice-President of WestJet, the regional airline has connected nearly 13 million guests from more than 37 cities who may not have had the chance to fly before.“By operating over 250 flights every day our fleet has given life to the markets we serve and we’re extremely proud to see the growth that has occurred,” he said. “The impact of our investments and our efforts has been profound.”The day of the launch, Encore had 10 departures offering nonstop service between Calgary and Nanaimo, B.C.; Calgary and Fort St. John, B.C.; Vancouver and Fort St. John; and Calgary and Saskatoon, Sask. Today, it now operates a fleet of 47 Canadian-made Bombardier Q400 NextGen aircraft and serves 34 Canadian cities as well as Boston, Myrtle Beach and Nashville. Posted bycenter_img << Previous PostNext Post >> WestJet Encore turns 5, celebrates with limited-time only sale Tags: Promotions, WestJet, WestJet Encorelast_img read more

May 21 2018 Congratulations the April 15 2018 wo

first_imgMay 21, 2018Congratulations the April 15. 2018 workshop participants upon their graduation.from leftMadeline Visser completed her scholarship and workshop and continues on working part-time with Randall Schultz in the wood-working department and part-time in the gallery.Jade Kindt continues on as a volunteer.Seth Winslow continues on dividing his time between the landscaping department and part of the Arcosanti archives crew.last_img

Rep Calley to host local office hours on Oct 23

first_img State Rep. Julie Calley welcomes residents to join her in two communities on Monday, Oct. 23.Calley, of Portland, will give a legislative update to attendees. Then, if residents have individual concerns, she will take one on one meetings.Calley will meet with constituents at the following locations:The Village of Middleville, 100 East Main St., Middleville, from 11 a.m. to noon.The Barry County Courthouse, Commissioners’ Chambers, 220 W. State St., Hastings, from 1 to 2:30 p.m.“I truly appreciate the opportunity to gather feedback from community members.  Local office hours generate great dialogue with attendees on issues that are important to them.”No appointment is necessary. Residents unable to attend scheduled office hours may send their questions and ideas to Calley via email at [email protected] or by calling her at 517-373-0842. Categories: Calley News 10Oct Rep. Calley to host local office hours on Oct. 23last_img read more