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
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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