Fareda Sands
Fareda D. Sands is considered to be a thought leader in the Compliance, Risk and Anti-Money Laundering space in The Caribbean. With over twenty-five years in the industry, she Heads Initium Novum Enterprise Ltd. The Firm, provides an array of offerings including advisory services specializing in Financial Services Regulations, inclusive but not limited to: AML/Risk Training, Corporate Governance Training, Expert Witness Testimony and Investigations.
She is a Fellow in The International Compliance Association and also holds the CAMS designation along with various other certifications in the AML, Compliance, Risk and Financial Crimes space. She brings this wealth of knowledge to her firm. She’s a Chartered Banker (MCBI), who has attained a specialized Chartered Bankers Master’s in Business Administration (CBMBA) Degree from Bangor University in Wales. She also holds a Master’s of Science Degree in Financial Crime and Compliance in Digital Society (Distinction), from the University of Manchester in the United Kingdom. Her goal for attaining this additional specialized degree was to further enhance her Firm’s offerings and provide her clients with additional resources to assist them in achieving their business goals.
She is a Past President and a current Member of the Self-Regulatory Organization (SRO) and Steering Committee of The Bahamas Association of Compliance Officers (BACO).
Fareda is a lecturer at The Bahamas Institute of Financial Services (BIFS).
She also serves as a Director and Steering Committee Member of the Caribbean Regional Compliance Association Company (CRCA). She is a former Director and Secretary of the Bahamas Financial Services Board (BFSB).
Fareda is passionate about what she does and continues to be a sought-out speaker for local and international conferences.