The Financial Services Forum Returns With Trends and Developments in the International Banking and Insurance Industries

The event will be held on October 23^rd and 24^th, and will feature experts in compliance, captive insurance, financial crimes, among others.

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--The Puerto Rico Financial Services Forum (FSF) will bring together process and compliance experts in the international banking and insurance industries on October 23rd and 24^th, 2023, at the Sheraton Hotel & Casino Convention Center in San Juan. On this third occasion, the Puerto Rico Financial Services Forum (FSF) will feature industry leaders who will share their experience, as well as the latest in topics on compliance, regulations, and opportunities.

This event, hosted by the Puerto Rico International Banks Association (PRIBA) and the Puerto Rico International Insurers Association (PRIIA), will feature over 50 local and international experts, including Alexander S. Adams, Insurance Commissioner of Puerto Rico; Natalia Zequeira, Commissioner of Financial Institutions; Secretary Manuel Cidre, Puerto Rico Department of Economic Development and Commerce; Yeissa Rodríguez, Compliance Head for Advantage International Bank Corp; Heidy Duarte, Risk Advisor at Kaufman Rossin, and Ella Woger, chief executive officer of Invest PR, among others.

Success stories in international banking and insurance will be presented, as well as: "Puerto Rico as a World-Class International Banking Center;" "Understanding and Addressing Risk in the Cyber Era;" "Artificial Intelligence and Machine Learning: Working Smart to Prevent Money Laundering" and "National Threat Assessment: Impact on Puerto Rico," among others, will be presented.

"We are at a historic moment where Puerto Rico, as an international banking center, presents multiple benefits for doing business. Framed within the laws and regulations of the United States, safety and incentives issues of the industry are unique for these financial companies. At the FSF, we aim to educate, guide, and update our audiences about the changes and benefits in the laws to attract new investment to the Island," emphasized Eduardo Colón, President of the Puerto Rico International Banks Association.

Hugo Córdova, president of the Puerto Rico International Insurers Association (PRIIA), added: "The FSF will present two days of topics of great interest to both international banking and international insurance centers. Our industries are constantly evolving, and we must keep up to date on regulatory and compliance issues, in addition to seeing the opportunities this represents for business in Puerto Rico," he concluded.

The FSF was created after the resounding success it achieved locally in its first edition as part of the Puerto Rico Investment Summit in 2019. For more information, you can access: www.financialservicesforumpr.com.

About the Puerto Rico Financial Services Forum

The Puerto Rico Financial Services Forum is hosted by the Puerto Rico International Insurers Association and the Puerto Rico International Banks Association. After a successful second edition at the 2022 Financial Services Forum, it now returns as a main annual event.