What is a Sole Trader ??

A Sole Trader Is A Business Where The Individual Operates The Business.

It Is Basically The Person Trading As A Business Name.

There Is No Legal Separation Between The Person And The Entity .

See what our Customers are saying about us !!! We can Register your business for you!!!

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Ebooks available for only $100TTD !

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Ebooks on Sale:

How to Register a Sole Trader;

How to De-Register a Sole Trader;

How to Register a Partnership;

How to Change from a Sole Trader to a Limited Liability Company Trinidad;

How to Dissolve a Limited Liability Company.

About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP, Bar No. SYA2015211, Attorney at Law. The author is the first Online Lawyer based in Trinidad and Tobago. Her entire Law Practice is based Online using technology. Client meetings are conducted at mutually convenient meeting points. She has clients in Guyana, St Vincent, Barbados, the British Virgin Islands and North America. She specializes in Corporate Law and Anti-Money Laundering Compliance. She helps clients to start their Online Business Empire.

Check out my Online Companies: www.asydneygroup.com

Call/Whatsapp for a quotation 868 373-1166

Blog: https://sydneygroupblog.wordpress.com/

Linked In: https://tt.linkedin.com/in/antoinette-sydney-77093550

Instagram: @asydneygrouptt

Facebook: https://www.facebook.com/sydneygrouptt/

Youtube: https://www.youtube.com/channel/UC8-sUa8WMDJM8w5_Q3nhQ5w

I am a Certified Professional in the following areas:

Taxation;

Corporate Training;

Anti-Money Laundering and Financial Crimes;

Fraud Risk Management;

Graphic Design.

Services include:

Anti-Money Laundering (AML) Training for staff, directors;

Anti-Money Laundering Audits;

Compliance Program drafting;

Consulting services and much more.

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What is CFT? :Countering the Financing of Terrorism:AML Compliance Consultants

What is Terrorism?
Terrorism is the calculated, premeditated use of unlawful violence to cause panic or advance a political, religious, ideological cause.

Financing of Terrorism
Funding of terrorism involves providing funds from both legal (personal donations and profits from businesses and charitable organizations ) and or illegal sources (the drug trade, the smuggling of weapons and other goods, fraud, kidnapping and extortion), directly or indirectly or knowing that the monies are to be used to finance terrorism activity or organizations according to FINTRAC.

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Terrorism is financed in order to:
Promote militant ideology;
Purchase food for recruits;
Purchase weapons;
Pay operatives;
Arrange for travel;
Train new recruits;
Forge documents;
Pay bribes;
Acquire land;
Stage attacks.

How to proceed when it is discovered that a potential or existing customer is a terrorist ?
As soon as a financial institution or listed business receives the list of designated entities or the consolidated list referred to in section 22AA(2)(c) or (e), the following procedures shall apply:
(a) the financial institution shall immediately inform the FIU on the prescribed form, if any person or entity named on either list has funds with the financial institution or listed business;
(b) if the financial institution or listed business has reasonable grounds to believe that a person or entity named on either list has funds in Trinidad and Tobago, it shall immediately inform the FIU on the prescribed form;
(c) (Deleted by Act No. 14 of 2012); and
(d) if a person or entity named on that list attempts to enter into a transaction or continue a business relationship, the financial institution or listed business shall submit a suspicious activity report to the FIU immediately and shall not enter into or continue a business transaction or business relationship with such person or entity.

The law requires that the transaction and by extension, the business relationship be brought to an end and a Suspicious Activity/Transaction Reported be submitted by the Compliance Officer to the FIU.

See
Anti Terrorism Act of Trinidad and Tobago,PART III FINANCING OF TERRORISM 22AB

The author is an attorney at law in Trinidad. She specialises in Anti Money Laundering and Financial Crimes. Website http://asydneygroup.com

#cft #aml #antimoneylaundering #complianceofficer #compliance #consultant #sydney #sydneygroup #money #financing #progress #progresschronicles #progressgoddess #masterhustler #caribbeanwriter #author #lawyer

Why are PEPS considered high risk customers ?AML Compliance Consultants

According to the FATF , Politically Exposed Persons are considered to be higher risk customers because of their status and influence. This can be used to commit money laundering offences and other predicate offences.

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The Author is an Attorney based in Trinidad. She specializes in Anti Money Laundering and Risk and Fraud Risk Management.

Website : http://asydneygroup.com

Whatsapp 868 373-1166 for a quotation.

Services include:

AML Training;

AML Audits;

AML Compliance Programs;

Consulting Services.

#risk #pep #expert #anroinettesydney

How to conduct EDD on PEPS? AML Compliance Consultants

The following steps are required to conduct Enhanced Due Diligence (EDD) on Politically Exposed Persons (PEPS):

See Website http://asydneygroup.com

SUBSCRIBE to my Youtube Channel for free FIU Training.

  1. Ensuring that appropriate risk-management systems are in place to determine whether the customer or the beneficial owner is a PEP, or immediate family member or close associate of a PEP (Reg. 20 (2);
  2. Obtaining senior management approval BEFORE establishing (continuing, for existing customers) the business relationship (Reg 20 (4);
  3. Ensuring that reasonable measures are taken to determine the source of wealth and source of funds (Reg. 20 (5); and
  4. Conducting enhanced on-going monitoring of the business relationship (Reg. 20 (5).

The author is an attorney at law based in Trinidad . She specialises in Anti Money Laundering and Fraud and Risk Management.

Website : http://asydneygroup.com

#aml #freetraining #riskconsultant #antoinettesydney #edd

What are the 3 Stages of Money Laundering ? AML Compliance Consultants

The 3 stages of ML are:

1.Placementt;

2.Layering;

3.Integration.

See my Youtube video below.

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The Author is an Attorney at Law based in Trinidad. She is a certified Anti Money Laundering and Financial Crimes Expert. She is also a Certified Fraud Risk Manager.

Website:http://asydneygroup.com

Contact : 868 373-1166

#ml #antoinettesydney #stagesofml #commerciallaw

What are the different categories of PEPS?AML Compliance Consultants

The following categories of PEPS are listed in Regulation 20 of the Financial Obligations Regulations (FORS).

Foreign PEPS;

Domestic PEPS;

International Organisation PEPs;

Immediate Family Members of the PEPS;

Close Associates of PEPS both professionally and personally.

For further details check out my Youtube video for free FIU Training.

For 100% Free AML Training please SUBSCRIBE to my Youtube Channel.

The author is an Attorney at Law based in Trinidad. She specialises in Anti Money Laundering and Fraud Risk Management.

Website : http://asydneygroup.com

#peps #fiutraining #trinidad #sydneygroup #sydneygroup.com #antoinettesydney

What are PEPS? AML Compliance Consultants

PEPS- refers to Politically Exposed Persons.

These are persons entrusted with a prominent public function. There are various categories of PEPS such as foreign PEPs, domestic PEPs and International Organization PEPs.

According to FATF these PEPS are deemed to be higher risk customers because they can use their status and influence to commit money laundering offences and other predicate offences.

This week on my Youtube Channel I explore the following topics:

What are PEPS;

What are the various Categories of PEPS?

Why are PEPS deemed to be higher risk customers?

How to conduct EDD on PEPS?

100 % Free AML/FIU Training on my Youtube channel. Please Subscribe.

The Author is an attorney at law based in Trinidad. She specialises in AML and Fraud and Risk Management.

Website http://asydneygroup.com

For a quotation, call or whatsapp 868 373-1166

AML Training;

AML Audits;

AML Consulting;

Compliance Program

#peps #amltraining #fiutraining #antoinettesydney #attorneyatlaw #pep #expert #amlcompliance #consultant #trinidadonlinelawyer #fiu #aml #antoinette #sydney

What does the way you walk say about you? A Lesson from the Magic of Thinking Big

I have always been teased about the way I walk. I walk quickly, I pass people by on the sidewalks as though a dog is chasing me. I am oftentimes told that I would get a speeding ticket. I simply laugh at these jokes. In response, I say that I am “on a mission”. I could be n my way to class, on my way to the office or about to meet a friend, I walk with purpose.

Increasing your walking pace by 25% was one of the confidence building exercise in the Magic of Thinking Big . The author told of the games his mother played that consisted of watching passersby and observing their walking. His mother advised him that there was much to learn from observing the walking habits of people. The author said that psychologists link poor posture and sluggish walking to low self confidence. Psychologists also say that our attitudes can be changed by improving out posture and by increasing our speed of movement.

The author described 3 different groups of people based on their walking patterns. The first group are the “beaten people”, they “shuffle and stumble along through their life”. The second group of people are average and so is their walk, average. The last group of people exude “superconfidence” in the words of the author. These people walk faster than average, there is a sprint in the way they walk. Their walk tells the world “ I’ve got someplace important to go, something important to do”. Moreover, it tells the onlooker that the walker will succeed at anything he is about to do. The author advised that we should “throw our shoulders back, lift up our head and walk a little faster and feel confidence grow.

About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP, Bar No. SYA2015211, Attorney at Law. The author is the first Online Lawyer based in Trinidad and Tobago. Her entire Law Practice is based Online using technology. Client meetings are conducted at mutually convenient meeting points. She has clients in Guyana, St Vincent, Barbados, the British Virgin Islands and North America. She specializes in Corporate Law and Anti-Money Laundering Compliance. She helps clients to start their Online Business Empire.

Check out my Online Companies: www.asydneygroup.com

Call/Whatsapp for a quotation 868 373-1166

Blog: https://sydneygroupblog.wordpress.com/

Linked In: https://tt.linkedin.com/in/antoinette-sydney-77093550

Instagram: @asydneygrouptt

Facebook: https://www.facebook.com/sydneygrouptt/

Youtube: https://www.youtube.com/channel/UC8-sUa8WMDJM8w5_Q3nhQ5w

I am a Certified Professional in the following areas:

Taxation;

Corporate Training;

Anti-Money Laundering and Financial Crimes;

Fraud Risk Management;

Graphic Design.

Services include:

Anti-Money Laundering (AML) Training for staff, directors;

Anti-Money Laundering Audits;

Compliance Program drafting;

Consulting services and much more.

#walk #walkthatway #run #destiny #determined #success #positivism #law #lawyer #consultant #sydneyschool #wordpress #blog #blogger #asydneygroup #progresschronicles

WHICH BUSINESSES MUST REGISTER WITH THE FIU?

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It is imperative that Non Regulated Financial institutions and Listed Businesses register with the FIU in an effort to contribute to the development of the local economy.

Non Regulated Financial Institutions include:

  • Credit Union
  • Building Society
  • Money or Value Transfer Services

Listed Businesses include:

  • Motor Vehicle Sales
  • Real Estate
  • Gaming House
  • Pool Betting
  • National Lotteries On-Line Betting Games
  • Jeweler
  • A Private Members’ Club
  •  An Art Dealer
  • An Accountant, an Attorney-at-law or other Independent Legal Professional
  • Trust and Company Service Providers 

The Author is an Attorney at Law based in Trinidad. She has specialized in Anti Money Laundering and Financial Crimes. She is also a Certified Fraud and Risk Manager.

About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP, Bar No. SYA2015211, Attorney at Law. The author is the first Online Lawyer based in Trinidad and Tobago. Her entire Law Practice is based Online using technology. Client meetings are conducted at mutually convenient meeting points. She has clients in Guyana, St Vincent, Barbados, the British Virgin Islands and North America. She specializes in Corporate Law and Anti-Money Laundering Compliance. She helps clients to start their Online Business Empire.

Check out my Online Companies: www.asydneygroup.com

Call/Whatsapp for a quotation 868 373-1166

Blog: https://sydneygroupblog.wordpress.com/

Linked In: https://tt.linkedin.com/in/antoinette-sydney-77093550

Instagram: @asydneygrouptt

Facebook: https://www.facebook.com/sydneygrouptt/

Youtube: https://www.youtube.com/channel/UC8-sUa8WMDJM8w5_Q3nhQ5w

I am a Certified Professional in the following areas:

Taxation;

Corporate Training;

Anti-Money Laundering and Financial Crimes;

Fraud Risk Management;

Graphic Design.

Services include:

Anti-Money Laundering (AML) Training for staff, directors;

Anti-Money Laundering Audits;

Compliance Program drafting;

Consulting services and much more.

#FIU #AML #CFT #LAW #RISK #CONSULTANT #ANTOINETTE #SYDNEY #EXPERT #ADVISOR #LAWYER #SPECIALIST #YOUTUBER #BLOGGER #WORDPRESS #ATTORNEY #ANTOINETTESYDNEY

How to Open a Bank Account in Trinidad: Salaried employees

When was the last time that you opened a business account at a financial institution ?

You were required to produce a list of documents were you not? The banker may have asked you whether you are employed or a business owner.

If your response was an employee then the following are the required documents :

Two forms of Government issued,photo identification,must be valid ;

Job letter ,must not be dated more than 3 months ;

Payslip ,must not be dated more than 3 months ;

Proof of address ,e.g. utility bill ,must not be more than 3 months old .

If the utility bill is not in the name of the applicant ,an authorization letter ,signed by the person whose name appears on the bill . This person must also submit a copy of valid ,Government issued ,photo identification.

When your banker asks you for these documents ,please be reminded that this is in order to comply with Financial Regulations. Your banker will also present you with a number of forms for your review and signature .

Sydney 868 373-1166. See Website http://asydneygroup.com

About the Author:

The author is an attorney at law based in Trinidad. She has a specialised practice in Commercial Law and Anti Money Laundering.

Youtube Channel:


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#millionaires #bank #bankaccount #sydney #sydneygroup #game #employer #employees #dreams #dreamer #succession #workshops #sydneyschool #ANTOINETTESYDNEY