[xml][/xml]
The Bahamas Weekly Facebook The Bahamas Weekly Twitter
News : International : Caribbean News Last Updated: Nov 11, 2019 - 11:42:09 AM


Caribbean conference features Bahamian panelists on compliance leadership and strategic communications
By Valdez K Russell
Nov 11, 2019 - 11:20:42 AM

Email this article
 Mobile friendly page
image4.jpeg
Valdez K. Russell, Principal of VKR Insights

Castries, St. Lucia - Bahamian panelists highlight risks of disruptions in the financial services industry and provide tips to manage change through strategic communications and compliance leadership at the 13th annual Caribbean Regional Compliance Association (CRCA).

Caribbean compliance professionals focused on disruptive risks impacting their industry during a panel discussion with Tanya McCartney, CEO of the Bahamas Financial Services Board. McCartney said, “Compliance professionals remain critical to the adherence of global expectations and demands relevant to client relationships and regulatory governance.  As we manage change within the industry, we must remain alert to regulatory risks, customer expectations risks, and emerging risks.”  She asserted, “These three areas require focused attention of the compliance professionals charged with protecting the reputation of their firms and ultimately their respective jurisdictions.”

image2.jpeg
Fareda Sands, Immediate Past President of the Bahamas Association of Compliance Officers.

The CRCA conference was held on Thursday, November 7 and Friday, November 8, 2019 at the Royalton Saint Lucia Resort and Spa.  The regional event attracted nearly 200-participants from The Bahamas, Barbados, Bermuda, the British Virgin Islands, Cayman Islands, Curaçao, Trinidad and Tobago, and the Turks and Caicos and other countries.

Delegates also discussed brand reputation management with Valdez K. Russell, principal of VKR Insights a Bahamian led communications firm. Russell reiterated the importance of building and protecting individual and business reputations through an effective communications strategy. He explained, “The difference between crisis and disaster is preparation and communication. It is vital for compliance professionals to build reputations that inspire confidence and trust. This helps to foster trustworthy relationships that lead to reputation success.” 

Russell acknowledged that throughout the Caribbean region and globally there are multiple case studies that distinguish successful entities from struggling businesses because of effective brand reputation management. He challenged participants and said, “Work diligently to identify opportunities for improved media and communication relationships to assist in managing your personal and organization’s brand. Secondly, identify key messages that will resonate with local and global audiences during periods of triumph and challenge.”

The panel discussion titled Disruptors: Shift Happens was moderated by Fareda Sands, the Immediate Past President of the Bahamas Association of Compliance Officers and also included Alma M. Angotti, a Managing Director and Co-Head of Global Investigations and Compliance at Navigant.  Sands remarked, “This panel was designed to connect participants with experienced speakers to examine what happens within the field and what’s critical to staying ahead of the curve in the ever changing world of compliance.”  She concluded, “It was compelling for the audience to learn from Bahamian leaders in compliance leadership and strategic communications. The Disruptors panel was a highlight  for our delegates and we know that they all benefited from the meaningful contributions of Bahamian thought-leaders.”

image3.jpeg
Tanya McCartney, CEO of The Bahamas Financial Services Board


Bookmark and Share




© Copyright 2019 by thebahamasweekly.com

Top of Page

Receive our Top Stories



Preview | Powered by CommandBlast

Caribbean News
Latest Headlines
Jamaica’s agro-processing sector being enhanced by joint CDB, EU, JBDC project
Africa in My Skin by Dominican Republic poet Rafael Nino Féliz, published as trilingual edition
Pandemic is pushing Latin America and the Caribbean more off track in ending child labour
CDEMA and CDB partner to enhance Emergency Data Collection Capacity in the Caribbean
CROSQ Supporting the Sustainable Development Goals through Accreditation