Training and Education

Bermuda regulatory authorities require certain registered firm personnel to receive regulatory and continuing education training at least annually. Creating, distributing and training on regulatory and continuing education topics can be time consuming and run the risk of not being up to industry standards. Although not limited solely to the subjects below, Oyster can create and administer training to your staff on the following industry requirements and hot topics:

  • Advanced Sanctions Searches
  • AML Audit requirements
  • Anti-Money Laundering and Anti-Terrorist Financing
  • Legal Entities and Real Persons
  • Cyber Security
  • Politically Exposed Persons
  • Bribery and Corruption including The UK Bribery Act
  • Red Flags
  • Terrorism and Terror Financing
  • IBA/IFA/POCA/PIPA key requirements
  • Passports, Client Identification, Proof of Address and Wealth

The Oyster Difference

Oyster’s training programs are not off-the-shelf products.  Each training module is customized to meet your firm’s unique needs and match your specific policies and procedures. Oyster can tailor training and knowledge checks to hone in on what’s most important to your firm while still covering the prerequisite material. Oyster will provide your firm with highly personalized and specialized training, or administer the training live via the web or in person to allow your personnel the opportunity to ask questions and have meaningful discussions about the material.