Bureau Increases Compliance Expertise
It is obvious that the regulatory environment is increasingly enhanced worldwide, therefore, the Cayman Islands Investment Bureau (CIIB) has reinforced its domestic compliance regimen for advising foreign investors who want to do business in the Cayman Islands. This specialized expertise comes through Shannon McKenzie who is CIIB Investment Services Administrator. Now she becomes a member of the International Compliance Association (ICA), accordingly, the CIIB has right for corporate membership.
Ms McKenzie says that the corporate membership will make the Bureau better-recognized for the high standards to which it actually adheres as well as demonstrate Cayman government’s commitment to the role of compliance.
Shannon McKenzie has recently earned a Diploma in Compliance from the University of Manchester Business School. She studied the responsibilities and duties of a compliance and anti-money-laundering professional and acquired good knowledge about the contribution of effective compliance on good corporate governance.
CIIB Executive Director, Dr. Dax Basdeo, says that compliance professionals are demanded globally, so, the Diploma in Compliance is an crucial requirement for such economic development agencies as the Cayman Islands Investment Bureau.
Ms. McKenzie has more than 6-year experience in the civil service. Currently, she is pursuing a Masters in Business Administration from the University of Leicester. She is an active member of the community and participant at different and committees as well as a member of the Young Business & Professional Women’s Club.