Candice Huggins

Candice Huggins

Chief Compliance Officer

CIBC First Caribbean International Bank

Candice Huggins’s extensive experience spans over 20 years of work in the Legal, Risk Management and Regulatory Compliance within the Financial Services Sector with specialization in international financial services, compliance and risk management in areas such as Banking, Securities, Trust and Fund Administration. She has worked in both the private and public sectors in multiple jurisdictions (Cayman Islands, British Virgin Islands, Barbados, Trinidad and Tobago and Canada).

She has been active on the AML/CFT and Compliance circuit and has conducted and facilitated a number of speaking engagements at the Caribbean Group of Securities Regulators (CGSR), Chapter Meetings of the Global Association of Risk Professionals (GARP), the Caribbean Financial Action Task Force (CFATF), Regional Central Banks’ Legal Seminar Series the Caribbean Anti Money Laundering Program, the University of the West Indies and most recently at the Florida International Bankers Association (FIBA), April 2018.

Candice has advised extensively on regional AML/CFT, Fraud and Risk issues through her work with international bodies such as the IMF, CFATF, World Bank and the OAS. Specifically, she has served as a Consultant for regional and international projects such as the CFATF (Caribbean Financial Action Task Force) Mutual Evaluation and Country Assessment and Preparation programs and the International Monetary Fund/World Bank Offshore Caribbean Pilot Project on AML/CFT Compliance.

Candice has litigated in the area of white-collar crime contributing to the jurisprudence of the Region as well as developed and implemented risk and compliance programs for Credit Unions, Banks, Trust & Company Service Providers, Securities Companies and Real Estate Agents.

Candice has since 2016 been extremely active on the Correspondent Banking Issue facing regional jurisdictions. She has represented CIBC FCIB at the multiple seminars facilitated by the IMF/WB over the period 2017-2018 in Barbados, Jamaica and most recently in the Bahamas. Candice has also had significant input in the conversation around the loss and retention of correspondent banks in the Region (Reasons, Rationale, Solutions). She also participated in the Dialogue sessions hosted by the US State Department/US Correspondent Banks/Respondent Regional Banks/Governments and Statutory Authorities in Jamaica and Antigua.

Candice has most recently extended her regulatory and risk management scope to the area of Cybercrime and as a result has in October 2018 attained a Certificate in Cybersecurity Risk Management from Harvard (Office of the Vice Provost for Advances in Learning)

Candice is a graduate of the University of the West Indies from which she holds a Bachelor’s degree in Law (LLB) and Legal Education Certificate (LEC). She is admitted to practice in the British Virgin Islands, Cayman Islands and Trinidad and Tobago jurisdictions. Candice also holds an accreditation in Global Association of Risk Practitioners (GARP) and served as the Deputy Director of the Caribbean Chapter of GARP from 2013 – 2015.

BREAKOUT: Caribbean Roundtable

Brickell

Life after the FATF evaluations – Officials from the Bahamas, Trinidad & Tobago, Jamaica, Antigua & Barbuda discuss how the 4th Round of evaluations have impacted their countries.

AML Operations Global Perspectives
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