Regional Compliance Consultants Ltd

Regional Compliance Consultants Ltd Regional Compliance Consultants (RCC Ltd), est in May 2013: Our Mission is“To Provide Practical Re

October 1 marks the beginning of the final quarter of 2026.For leadership teams, that makes this an important moment to ...
02/10/2026

October 1 marks the beginning of the final quarter of 2026.

For leadership teams, that makes this an important moment to look beyond what has been completed and examine what remains exposed.

Are your policies current?
Are risk assessments still reflective of the business you operate today?
Are compliance responsibilities understood beyond the Compliance Officer?
Have identified deficiencies actually been remediated?
Can you produce the evidence that demonstrates your controls are working?

A compliance programme should not simply survive another year.
It should enter the next one stronger than it entered this one.

October is a good time to test that.

Another month-end is upon us....but here's your gentle reminder that Your Risk Doesn’t Reset at Month-End September ends...
30/09/2026

Another month-end is upon us....but here's your gentle reminder that
Your Risk Doesn’t Reset at Month-End

September ends today... but your compliance risks don’t.

➡️Outstanding CDD.
➡️An overdue risk assessment.
➡️A policy that has not caught up with regulatory change.
➡️Training that keeps being pushed to “next month.”

The calendar turning does not reduce the exposure.
Month-end is a useful point to ask a harder question:
What compliance issue have we become comfortable carrying forward?

Repeated postponement has a way of turning manageable gaps into institutional weaknesses...because its impact compounds.

So, before October gets too far underway, I challenge you to identify what needs attention, assign responsibility and put a date against it.

A stronger compliance culture is often built through the things an organisation decides it will no longer leave unresolved.

Hope you had a productive September, and an even more powerful October ahead.

Roxanne.

We need to talk about the fact that ...Being registered with the FIUTT does not mean your business is AML compliant.Regi...
27/09/2026

We need to talk about the fact that ...Being registered with the FIUTT does not mean your business is AML compliant.

Registration is an important legal obligation for supervised entities in Trinidad & Tobago.
But it is the beginning of the compliance journey.

It is not evidence that the rest of the journey has been completed.

In fact, the FIUTT makes this distinction very clearly. Its published List of Registrants confirms that an entity has fulfilled its initial obligation to register. It does not indicate the entity's level of compliance with its other AML/CFT obligations.

And there are several obligations that come after registration.

Your business still needs an appropriate Compliance Officer and alternate.
A compliance programme suited to the actual risks of the business.
AML/CFT training.
A documented risk-based approach.
Internal controls.
Procedures for identifying and reporting suspicious transactions and activities.
Proper record keeping.
And independent testing, where applicable.

This is important for listed businesses and non-regulated financial institutions because compliance can easily become confused with administration.

"We're registered."
"We have a Compliance Officer."
"We have the manual."

Those statements tell us that certain pieces exist.
They don't tell us whether the AML/CFT framework is functioning effectively.
The real questions begin afterwards.

Do employees understand their responsibilities?
Does your compliance programme reflect how your business actually operates?
Are customer risks being assessed appropriately?
Are unusual activities being recognised and escalated?
Can you demonstrate that your controls are working?

Registration puts your business on the regulatory map.
What you do after registration is what builds the compliance framework.

Today, we're celebrating the professionals who are often required to ask the question no one else in the room wants to a...
26/09/2026

Today, we're celebrating the professionals who are often required to ask the question no one else in the room wants to ask:

“Should we be doing this?”

Being a Compliance Officer requires far more than knowing legislation and maintaining policies.

It means keeping up with changing regulatory requirements, understanding the risks facing your organisation, challenging decisions when necessary, guiding management, supporting staff, preparing for regulatory scrutiny and sometimes being the person who has to say, “We need to look at this again.”

It can be a demanding role, particularly across Trinidad & Tobago and the Caribbean, where compliance professionals are navigating evolving AML/CFT/CPF obligations and increasing expectations around governance, accountability and oversight.

So today, we simply want to recognise the people doing the work.

To the Compliance Officers who ask the difficult questions, raise the red flags, keep learning, keep advising and continue protecting the organisations they serve:

We see the work you do, and we celebrate you.

Happy Compliance Officer Day from all of us at Regional Compliance Consultants. 💙

**Your risk assessment has a date on it.Your risk doesn't.**One of the themes emerging strongly in AML conversations thi...
26/09/2026

**Your risk assessment has a date on it.
Your risk doesn't.**

One of the themes emerging strongly in AML conversations this month is the gap between periodic compliance reviews and the speed at which financial crime risk actually changes.

And it raises an important question for businesses in Trinidad & Tobago and across the Caribbean:

**What has changed since you last assessed your risk?**
Perhaps you have introduced online payments.
Your customer base has changed.
You now conduct business with customers or suppliers in different jurisdictions.
You have added a new service.
Cash transactions have increased.
Customer behaviour has shifted.
Or new technology has changed how people interact with your business.

Any one of those changes can affect your exposure to ML/TF/PF risk.

This is why a risk assessment should never become a document that is completed, approved, filed and forgotten.

The FIUTT's risk-based approach requires supervised entities to identify, assess and understand their risks, develop appropriate measures to manage them, and monitor and review whether those measures remain appropriate.

Risk assessments should also take account of customers, products and services, delivery channels, payment methods and geographic exposure.

Trinidad & Tobago's updated National AML/CFT/CPF Policy and Strategy for 2026–2029 reinforces this direction, recognising that our threat environment continues to evolve, including through new technologies and digital platforms.

So perhaps the question for management isn't:
**"When is our next risk assessment due?"**

A better question is:
**"Has anything changed that should cause us to reassess our risk now?"**

You see....risk doesn't wait for the annual review.
And neither should good compliance.

A Republic is strengthened by the institutions we build, the standards we uphold and the responsibility we accept toward...
24/09/2026

A Republic is strengthened by the institutions we build, the standards we uphold and the responsibility we accept toward one another.

As Trinidad and Tobago celebrates Republic Day, we honour the foundations laid before us and reaffirm our commitment to integrity, accountability and sustainable national progress. 🇹🇹

Happy Republic Day from Regional Compliance Consultants Ltd.

Would your team recognise an AML red flag if it appeared during an ordinary customer interaction?Red flags are not alway...
21/09/2026

Would your team recognise an AML red flag if it appeared during an ordinary customer interaction?

Red flags are not always dramatic. Sometimes, it is a transaction that does not quite fit the customer's profile. An unexplained third-party payment. A sudden change in activity. Information about source of funds that simply does not add up.

Individually, these behaviours do not prove money laundering or terrorist financing.

They do, however, give us a reason to pay attention.

Effective AML/CFT programmes depend on employees understanding what to look for, knowing when further enquiry is appropriate, and being confident enough to escalate concerns when necessary.

Swipe through for indicators that businesses and their teams should know.
And perhaps use this as a quick test internally:

How many would your frontline employees recognise without referring to the AML manual?

Recent FATF work on gaming and gambling risks raised an important point that extends well beyond that sector: suspicious...
18/09/2026

Recent FATF work on gaming and gambling risks raised an important point that extends well beyond that sector: suspicious activity does not always reveal itself through one obviously unusual transaction.

Sometimes, it is the pattern around the transaction that deserves attention.

For reporting entities in Trinidad & Tobago and across the Caribbean, this reinforces the importance of understanding normal customer behaviour, maintaining appropriate customer risk profiles and ensuring employees know when something warrants a closer look.

A system may identify an anomaly. A threshold may generate an alert. But effective AML/CFT still requires someone to consider the context and ask whether the activity makes sense.

Are we only monitoring transactions, or are we paying attention to behaviour?

The way money moves has changed significantly.Customers now move value through traditional bank accounts, digital wallet...
17/09/2026

The way money moves has changed significantly.

Customers now move value through traditional bank accounts, digital wallets, payment platforms, virtual assets and other channels that may not have featured prominently in an organisation’s AML risk assessment a few years ago.

For businesses in Trinidad and Tobago, this is of great relevance.

Recent FATF research into professional money laundering highlights the increasing use of underground banking and informal value-transfer systems, and importantly, how these systems can intersect with the formal financial sector through bank accounts, fintech platforms, payment service providers, prepaid cards, mobile wallets and virtual assets.

This is useful intelligence for our local market.

Because when the methods used to move illicit funds change, the risks facing legitimate businesses can change with them.

A customer relationship that was assessed two years ago may now involve different payment channels.

A business may introduce new technology or accept new forms of payment.
Customer behaviour may change.
Geographic exposure may change.

And controls designed around yesterday’s risks may not adequately address today’s.

This is why the risk-based approach cannot be static.

Compliance Officers should periodically consider whether their organisation’s understanding of risk still reflects how customers actually conduct business and move money today.

The question is no longer simply:
“Do we have the required controls?”

It is also:
“Are our controls keeping pace with the risks they were designed to manage?”

For Trinidad and Tobago businesses operating within an increasingly connected financial environment, that is a conversation worth having now.

Every new school year brings another opportunity to learn, grow and build for the future.RCC wishes all students, parent...
07/09/2026

Every new school year brings another opportunity to learn, grow and build for the future.

RCC wishes all students, parents and educators a safe, productive and successful school year ahead. 📚✏️

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Maraval

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Tuesday 09:00 - 17:00
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Friday 09:00 - 17:00
Saturday 09:00 - 12:00

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+18686844369

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