What does POCA mean?

POCA is an acronym for Proceeds of Crime Act.This Act declared money laundering as a criminal offense and established procedures to facilitate the confiscation of the proceeds of all indictable offenses .


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. SHE IS A LECTURER AT  THE ARTHUR LOK JACK GLOBAL SCHOOL OF BUSINESS IN TRINIDAD. 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.

ANTOINETTE SYDNEY LAW OFFICE: MONTROSE MAIN ROAD CHAGUANAS, TRINIDAD AND TOBAGO

Website: www.asydneygroup.com

Call/Whatsapp to book an appointment 868 373-1166. Consultation fee is $300 TTD per hour.

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

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

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

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.

Get my Ebooks now!!!  only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

  • How to Change the Business Name of a Sole Trader
  • How to De-Register a Sole Trader Business
  • How to Register a Partnership
  • How to Change from a Sole Trader Business to a Limited Liability Company
  • How to Register a Limited Liability Company
  • How to Change the name of a Limited Liability Company
  • How to Dissolve a Limited Liability Company
  • How to Register an External Company
  • How to prepare Annual Returns for an External Company

#amlcomplianceconsultant #trinidadonlinelawyer #asydneygroup.com #businessregistration #antoinettesydney #sydneygroup #asydneygroup #trinidad #company #companies #lawyer #caribbean #aml #fiu #cft #frm #fraudrisk #graphicdesign #tax #taxation #taxes #nis #vat #bir #fiu #compliance #complianceofficer #realestate #casinos #cardealer


#antoinette #sydney #ebook #trinidad #online #lawyer #caribbean #attorney #aml #consultant

Top 10 ways to Launder Drug Money through a Supermarket : Free Anti Money Laundering Training in Trinidad!! Must watch

“It was my first job,packing the groceries in bags and boxes at the supermarket. My supervisor handed me a brown paper bag and instructed me to take it upstairs accompanied by the security guard on duty at the grocery. I peeked inside the brown bag and there were coils of $100 notes in TTD cuurency. This was not the cash from the cash registers because there are set times where all the cashiers would clear their drawers. I delivered the bag upstairs as instructed and returned behind cash register #5 where I was placed for the page.” These were the words of my client. I told him that tomorrow he would appear before the Magistrate and would be asked if he pleaded guilty or not guilty to the charges.

See my New Youtube video!!

Is your local supermarket a front for a money laundering operation ? It is possible. Supermarkets are cash intensive businesses and many of them in Trinidad, do not accept Linx. There are other supermarkets that will even change your government issued disability checks as long as you purchase a few items.

Below are the Top 10 Ways to Launder Dirty Money using a Supermarket:

1.Use dirty cash as float or change to be used by cashiers to give to customers;

2.Use cash gained from illegal activities to pay suppliers such as fresh fruits and vegetables vendors,coconut water suppliers. Some suppliers accept cash only or even extend 7 days or 30 days credit to the supermarket;

3.Employees of the supermarket can be paid in cash weekly with the proceeds of crime. Most staff of a supermarket receive cash payments in brown a envelope;

4.Bags of dirty cash can be deposited into the supermarket’s business bank account as cash from sales;

5.Rent for the premises of the supermarket can be paid with dirty money;

6.Utilities such as electricity, internet and water can be paid with money obtained from illegal activities;

7.Accept checks from recipients of disability checks issued by the Government and pay them with cash gained from criminal activities;

8.Dirty Cash in small denominations ($10 bills, $20 bills) can be given to the cashier and she will exchange it with $100 bills, or just change the notes;

9. The grocery can sell items wholesale such as cigarettes and alcohol to a bar that is also owned by the proprietor of the supermarket ,dirty cash will be used for this purchase;

10.Cash can be accepted and fake invoices generated and the grocery issues a checks to the criminal.

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. 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.

ANTOINETTE SYDNEY LAW OFFICE: MONTROSE MAIN ROAD CHAGUANAS, TRINIDAD AND TOBAGO

Website: www.asydneygroup.com

Email: sydney@asydneygroup.com

Antoinette Sydney Bookings: https://antoinettesydneytt.as.me/

Consultation fee is $300 TTD per hour.

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

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

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

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.

#aml #antimoney #laundering #antoinette #sydney #lawyer #attorney #trinidad #grocery #supermarket #entrepreneur #blogger #asydneygrouptt #luv_leii #sydney #group #sydneygroup #asydneygroup #success #lawyer #antoinettesydney #llb #lec #camlfc #cfrmp #cashflow #projections #bank #account#antoinette #sydney #ebook #trinidad #online #lawyer #caribbean #attorney #aml #consultant

What is Credit Card Skimming? Anti-Money Laundering Consultant Trinidad

Credit card skimming is a type of credit card theft where a device is used to steal sensitive information when the card is used in a legitimate transaction. The device is called a skimmer and it reads the customers personal information that was stored on the magnetic strip of the card.

In Trinidad in 2019 persons were charged and convicted with being in possession of fraudulent ATM cards and large sums of cash knowing that the money was the proceeds of fraud and for the purpose of money laundering.

These defendants were non nationals who came to Trinidad armed with 182 fradualent ATM cards. They visited different ATMS and were withdrawing sums of money. They arised the suspicion of security personnel of financial institutions.

Law enforcement became involved and the defendants were detained and brought before the courts.

It seems that there is a large international network of cyber criminals who steal credit card information. At our ports of entry in Trinidad, officials are oftentimes unable to identify the skimming devices as they resemble smart phone accessories.

Persons may be making purchases at your company with fradulent credit cads! Want to know how to protect yourself?

Contact Sydney to receive Anti-Money Laundering Training.

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. SHE IS A LECTURER AT  THE ARTHUR LOK JACK GLOBAL SCHOOL OF BUSINESS IN TRINIDAD. 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.

ANTOINETTE SYDNEY LAW OFFICE: MONTROSE MAIN ROAD CHAGUANAS, TRINIDAD AND TOBAGO

Website: www.asydneygroup.com

Call/Whatsapp to book an appointment 868 373-1166. Consultation fee is $300 TTD per hour.

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

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

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

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.

Get my Ebooks now!!!  only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

  • How to Change the Business Name of a Sole Trader
  • How to De-Register a Sole Trader Business
  • How to Register a Partnership
  • How to Change from a Sole Trader Business to a Limited Liability Company
  • How to Register a Limited Liability Company
  • How to Change the name of a Limited Liability Company
  • How to Dissolve a Limited Liability Company
  • How to Register an External Company
  • How to prepare Annual Returns for an External Company

#aml #cft #antimoney #laundering #creditcard #skimming #pf #asydneygroup.com #antoinette #sydney #attorney #sydney #risk #consultant #trinidad #869 #caribbeanonlinelawyer #trinidadonlinelawyer #progress #masses #consultant

Ebooks on Sale:

Only $100 TTD

How to Register a Sole Trader;

How to Register a Limited Liability Company;

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.

Thank you ,please come again.

#antoinette #sydney #ebook #trinidad #online #lawyer #caribbean #attorney #aml #consultant

CUSTOMER IDENTIFICATION AND VERIFICATION: Anti Money Laundering Compliance

Knowing Your Customer (KYC) is crucial to be able to identify unusual and suspicious customer activity. If the behaviour or transaction falls outside of the normal business activity for the customer then it becomes unusual. If the Listed Business (LB) or Financial Institution (FI) has reasonable grounds to bewlieve thst the teasactionis related to money laundering (ML) and or the finnancing of terrorism (TF), then a suspicious activity or transaction report shou;d be filed.

The following information must be obtained from the customer.(1) 15.(1) The financial institution or listed business shall on initiating a business relationship or transaction with an applicant, obtain
relevant identification records of the applicant as follows:
(a) full name of the applicant(s);
(b) permanent address and proof thereof;
(c) date and place of birth;
(d) nationality;
(e) nature and place of business/occupation where applicable;
(f) occupational income where applicable;
(g) signature;
(h) purpose of the proposed business relationship or
transaction and source of funds; and
(i) any other information deemed appropriate by the financial
institution or listed business.
(2) A valid passport, national identification card or driver’s
license shall be proof of identification and shall also be obtained or
examined by the financial institution or listed business.
(3) Where the business relationship involves a foreign customer
a reference shall be sought from the foreign customer’s bank.
(4) Where original documents are not available, copies shall be
acceptable only where they are certified by identification.

16(1) The requirements outlined in regulation 15, with
appropriate adaptations, shall apply to a business customer and the
financial institution or listed business shall verify the identity of the
directors and other officers of a company, partners of a partnership,
account signatories, beneficial owners and sole traders by means of
documentary evidence.
(2) In addition, the financial institution or listed business shall
obtain, to the extent relevant to a proposed business relationship or
transaction—
(a) the Certificate of Incorporation or Certificate of
Continuance;
(b) the Articles of Incorporation;
(c) a copy of the by-laws, where applicable;
(d)management accounts for the last three years for selfemployed
persons and businesses which have been in
operation for more than three years; and
(e) information on the identity of shareholders holding more
than ten per centum of the paid up share capital of the
company.
(3) In the event that an applicant for business cannot satisfy the
requirements of subregulation (2)(d), the financial institution or listed business may request other forms of proof of the integrity of the source of funds to be used for the transaction.

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. SHE IS A LECTURER AT  THE ARTHUR LOK JACK GLOBAL SCHOOL OF BUSINESS IN TRINIDAD. 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.

ANTOINETTE SYDNEY LAW OFFICE: MONTROSE MAIN ROAD CHAGUANAS, TRINIDAD AND TOBAGO

Website: www.asydneygroup.com

Call/Whatsapp to book an appointment 868 373-1166. Consultation fee is $300 TTD per hour.

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

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

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

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.

Get my Ebooks now!!!  only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

  • How to Change the Business Name of a Sole Trader
  • How to De-Register a Sole Trader Business
  • How to Register a Partnership
  • How to Change from a Sole Trader Business to a Limited Liability Company
  • How to Register a Limited Liability Company
  • How to Change the name of a Limited Liability Company
  • How to Dissolve a Limited Liability Company
  • How to Register an External Company
  • How to prepare Annual Returns for an External Company

#amlcomplianceconsultant #trinidadonlinelawyer #asydneygroup.com #businessregistration #antoinettesydney #sydneygroup #asydneygroup #trinidad #company #companies #lawyer #caribbean #aml #fiu #cft #frm #fraudrisk #graphicdesign #tax #taxation #taxes #nis #vat #bir #fiu #compliance #complianceofficer #realestate #casinos #cardealer

Ebooks on Sale:

Only $100 TTD

How to Register a Sole Trader;

How to Register a Limited Liability Company;

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.

Thank you ,please come again.

#antoinette #sydney #ebook #trinidad #online #lawyer #caribbean #attorney #aml #consultant

WHAT ARE THE KEY FEATURES OF A COMPLIANCE PROGRAMME: ANTI MONEY LAUNDERING TRAINING

Every listed business must have a written Compliance Program and the following are the core elements of that program:

https://sydneygroupblog.wordpress.com/2019/08/12/how-to-create-a-compliance-program/

1.Adoption of a Risk Based  Approach  

2.Internal Policies and Procedures

3.Compliance Officer (Competent and Experienced  Efficient)

4.AML training

https://wordpress.com/block-editor/post/sydneygroupblog.wordpress.com/746

5. Internal and External Audit

https://wordpress.com/block-editor/post/sydneygroupblog.wordpress.com/1638

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. SHE IS A LECTURER AT  THE ARTHUR LOK JACK GLOBAL SCHOOL OF BUSINESS IN TRINIDAD. 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.

ANTOINETTE SYDNEY LAW OFFICE: MONTROSE MAIN ROAD CHAGUANAS, TRINIDAD AND TOBAGO

Website: www.asydneygroup.com

Email: sydney@asydneygroup.com

Consultation fee is $300 TTD per hour.

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

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

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

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.

#complianceprogram #antoinette #sydney #amlcomplianceconsultant #trinidadonlinelawyer #asydneygroup.com #businessregistration #antoinettesydney #sydneygroup #asydneygroup #trinidad #company #companies #lawyer #caribbean #aml #fiu #cft #frm #fraudrisk #graphicdesign #tax #taxation #taxes #nis #vat #bir #fiu #compliance #complianceofficer #realestate #casinos #cardealer

How to appoint a Compliance Officer for the FIU? : AML Compliance Consultant

In order to appoint a Compliance Officer (CO), the Compliance Officer Fit and Proper Questionnaire must be downloaded from the (Financial Intelligence Unit) FIU’s website. It must be printed and completed and submitted to the FIU for review and approval.

https://wordpress.com/block-editor/post/sydneygroupblog.wordpress.com/1687


Part 1 of the Form is completed by a Director of the Listed Business or Senior Management;
Parts 2 & 3 are completed by the proposed Compliance Officer;

https://wordpress.com/block-editor/post/sydneygroupblog.wordpress.com/1987


Attach a copy of valid, Government issued identification and all qualifications and AML Training for the proposed Compliance Officer.

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. SHE IS A LECTURER AT  THE ARTHUR LOK JACK GLOBAL SCHOOL OF BUSINESS IN TRINIDAD. 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.

ANTOINETTE SYDNEY LAW OFFICE: MONTROSE MAIN ROAD CHAGUANAS, TRINIDAD AND TOBAGO

Website: www.asydneygroup.com

Call/Whatsapp to book an appointment 868 373-1166. Consultation fee is $300 TTD per hour.

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

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

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

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.

Get my Ebooks now!!!  only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

  • How to Change the Business Name of a Sole Trader
  • How to De-Register a Sole Trader Business
  • How to Register a Partnership
  • How to Change from a Sole Trader Business to a Limited Liability Company
  • How to Register a Limited Liability Company
  • How to Change the name of a Limited Liability Company
  • How to Dissolve a Limited Liability Company
  • How to Register an External Company
  • How to prepare Annual Returns for an External Company

#amlcomplianceconsultant #trinidadonlinelawyer #asydneygroup.com #businessregistration #antoinettesydney #sydneygroup #asydneygroup #trinidad #company #companies #lawyer #caribbean #aml #fiu #cft #frm #fraudrisk #graphicdesign #tax #taxation #taxes #nis #vat #bir #fiu #compliance #complianceofficer #realestate #casinos #cardealer

Thank you ,please come again.

#antoinette #sydney #ebook #trinidad #online #lawyer #caribbean #attorney #aml #consultant

Do Sole Traders file Annual returns in Trinidad? Trinidad Online Lawyer

Sole Traders do not need to file annual returns. Annual Returns are reserved for Limited Liability Companies and Non Profit Organisations.

The Sole Trader is the sole person trading in the business. It is really the individual who is trading as a business name.

Hi Hustlers!!!!! I am Antoinette Sydney Attorney at Law! I help you register your business and open your business bank account. I give FREE business TIPS and FREE Anti-Money Laundering (AML) Training on my YouTube Channel.

Subscribe and turn on post Notifications to be the first to see all my videos!

 Email me your questions : sydney@asydneygroup.com

My ebooks are available on Amazon! http://www.amazon.com/dp/B08792YRBP

ANTOINETTE SYDNEY LAW OFFICE: MONTROSE MAIN ROAD CHAGUANAS, TRINIDAD AND TOBAGO .To work with me, please email me : sydney@asydneygroup.com

Consultation fee is $300 TTD per hour or any part thereof

Contact: http://www.asydneygroup.com/contact.html

Website: http://www.asydneygroup.com/

Amazon ebooks: https://www.amazon.com/author/antoinettesydney

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

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

 Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

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

Youtube: http://www.youtube.com/c/AntoinetteSydney

 Disclaimer

The content herein is provided for informational purposes only and NOT for the purpose of providing legal advice. You should contact your attorney at law to obtain advice with respect to any particular issue or problem.

I am a Certified Professional in the following areas:

Taxation;

Corporate Training;

Anti-Money Laundering and Financial Crimes;

 Fraud Risk Management;

Graphic Design.

#antoinette #sydney #trinidad #business #ideas #registration #llc #incorporation #entrepreneurs #trinidadonlinelawyer #aml #amlexpert #consultant #antimoneylaundering