Bermuda College is launching a new virtual programme to fill an academic void.

Compliance Academy goes into operation this month in partnership with the Association of Bermuda Compliance Officers.

It is preceded by the second Bermuda Compliance Professionals Conference, held on September 17 at the Bermuda Underwater Exploration Institute.

The Compliance Academy begins on September 24, addressing the growing demand for education in compliance, governance and privacy, featuring local and international instructors.

Tawana Flood, director of the Athora Division of Professional and Career Education, which is delivering the programme, said it was designed to serve a diverse group of participants — from new entrants to seasoned professionals seeking to enhance their knowledge.

“It will also address the growing importance of compliance in regulatory environments and help to support existing and new industries, such as digital finance.”

She added: “The Academy’s flexible structure will allow students to enrol in individual modules or the full programme, which includes four key areas: anti-money-laundering/anti-terrorist-financing regulatory compliance, governance, risk and privacy.”

Although not a formal certification programme, participants will receive certificates of attendance for each completed module.

David Sam, Bermuda College president, said the initiative was timely and vital. He said the academy will help ensure a competent workforce to meet the demands of a growing profession and regulatory expectations.

ABCO will support the programme’s development and promotion, while all operational aspects will be managed by Bermuda College.

Cheryl-Ann Mapp, an experienced compliance professional with more than 25 years of industry expertise and an executive member of ABCO, has been instrumental in leading the academy’s development and will serve as conference chair.

Ms Mapp said: “Bermuda’s reputation as a well-regulated international financial centre depends on the strength and expertise of its compliance community. These opportunities respond directly to the industry’s need for qualified professionals and create a platform for Bermudians to engage meaningfully in this space through dialogue, learning and collaboration.”

• Registration is now open for the Bermuda Compliance Professionals Conference at Ptix.bm