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Reduced bench time but wish me luck - thanks for the support!

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  • Peter Gillson
    • Apr 2018
    • 2594

    #31
    Hi Andrew

    Good luck with your exams.

    You are in an ever growing sector so no fear about your future.

    I have spent the past 30 years in the Finance Sector here in Guernsey; the last 20 as a Non-Executive Director on investment funds or listed companies, and over that period the amount of compliance has grown and grown and grown - almost half of some Board Meetings are spent on compliance! Fortunately i am now pretty much retired - only one investment fund and one listed company, but I still have to keep upto date with AML, mostly by annual on-line courses.

    at least it enables me to argue with banks when they are OTT. A few years ago one bank wanted to place me in the high risk category and conduct enhanced due diligence, i ended up quoting the regulations to them and threatening to report them to the Guernsey Regulator if they persisted - they backed down!

    Peter

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    • Mini Me
      • Jun 2018
      • 10711

      #32
      Good on you Peter Call their BS every chance you get! :thumb2:

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      • adt70hk
        SMF Supporters
        • Sep 2019
        • 10435

        #33
        Gents, thanks for the support!

        Peter, you're not wrong about compliance being a growth industry, so with a bit of luck I should never be out of work up to retirement! :smiling3: I would love to have heard the conversation with your bank!

        Thanks again guys!

        ATB

        Andrew

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        • Guest

          #34
          Originally posted by adt70hk
          That's very generous of you!

          I also think there is an issue with making sure you're not suddenly going to claim that a % of the house isn't yours because you helped fund the purchase.
          Yes Andrew I had to say that the property would be his and in his name only and I wold have no part in it. Cost me £25 to prove that is was my money !!!!

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          • adt70hk
            SMF Supporters
            • Sep 2019
            • 10435

            #35
            Hi Guys

            I know I haven't completely disappeared - whether you like it or not!! - but I just wanted to say thanks for the messages of support both on the main forum or PMs over the past few months

            The good news is that I finished studying the last of the modules the week after Easter. The online test is in the 4th week of May and the assignment is due by 5th June, so I 'm now working on the first of three parts. Fortunately it's not too long, only 2000-2500 words.

            Thanks again for keeping me going in my studies!!

            ATB

            Andrew

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            • The Smythe Meister
              • Jan 2019
              • 6248

              #36
              Originally posted by adt70hk
              Hi Guys

              I know I haven't completely disappeared - whether you like it or not!! - but I just wanted to say thanks for the messages of support both on the main forum or PMs over the past few months

              The good news is that I finished studying the last of the modules the week after Easter. The online test is in the 4th week of May and the assignment is due by 5th June, so I 'm now working on the first of three parts. Fortunately it's not too long, only 2000-2500 words.

              Thanks again for keeping me going in my studies!!

              ATB

              Andrew
              "Who are ya,who are ya"....

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