MLRO

Optima Partners Welcomes Michael Timotheou as President and COO, Bringing Extensive Compliance Expertise and Global Leadership

Retrieved on: 
Thursday, May 2, 2024
Growth, MLRO, BlueBay Asset Management, Management

With over 17 years of specialized expertise in compliance and a distinguished track record in senior leadership roles, Michael joins Optima Partners, poised to elevate the firm's operational excellence and strategic growth initiatives.

Key Points: 
  • With over 17 years of specialized expertise in compliance and a distinguished track record in senior leadership roles, Michael joins Optima Partners, poised to elevate the firm's operational excellence and strategic growth initiatives.
  • Prior to Optima Partners, Michael served in various senior capacities, notably as Partner, Global Chief Compliance Officer, and MLRO at BlueBay Asset Management LLP.
  • "We are thrilled to welcome Michael to Optima Partners as our new President and COO," said Jonathan Saxton, CEO at Optima Partners.
  • "His proven leadership, uniquely coupled with his extensive compliance expertise, will be invaluable as we continue to enhance our operations and expand our global footprint.

DMG Blockchain Solutions Announces Investment in Digital Asset Custody Solution

Retrieved on: 
Thursday, February 22, 2024
Crypto, DMG, Fidelity, FINTRAC, Meta Platforms, TC Energy, Alberta Securities Commission, State-owned enterprise, CAD, LLB, Head, Ethics, Marketing, Bank, MBA, CFE, CFA, CBV, Cloud computing, PLG, AML, MEM, GTM, Carbon, FATF, Meta, Trust, Bank of America, Insurance, TSX, Public sector, MLRO, CFP, Family, International (Amtrak train)

VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and data center technology company, announces it has committed CAD $3.5 million to establish a Calgary, Alberta based independent digital asset custody solution for institutional clients.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and data center technology company, announces it has committed CAD $3.5 million to establish a Calgary, Alberta based independent digital asset custody solution for institutional clients.
  • The capital commitment for this digital asset custody solution will be made over time and as required to support the regulatory review process.
  • Sheldon Bennett, CFE, MBA - CEO and Director of DMG Blockchain Solutions and Chair of Systemic Trust.
  • Most recently as Binance Canada’s Chief Technology Officer, he spearheaded the implementation and launch of its Crypto Trading Platform and digital asset custody service.

BBVA Leadership Team Member Joins Wirex to Strengthen Risk & Compliance Function Amidst Global Expansion

Retrieved on: 
Friday, March 1, 2024
MLRO, Growth, BBVA, AML, Development, Risk management

Anna brings to Wirex a wealth of experience from BBVA, where she was instrumental in strengthening the bank's compliance frameworks and anti-money laundering (AML) strategies.

Key Points: 
  • Anna brings to Wirex a wealth of experience from BBVA, where she was instrumental in strengthening the bank's compliance frameworks and anti-money laundering (AML) strategies.
  • "At Wirex, we are dedicated to upholding the highest standards of compliance and risk management, and the addition of Anna to our team signifies our unwavering commitment to these principles," said Pavel Matveev, CEO of Wirex.
  • "Her exceptional expertise and insights from the traditional banking sector will be pivotal in fortifying our - robust compliance and risk function further.
  • With Anna's appointment, Wirex is poised to strengthen its market position, demonstrating its readiness to lead in the rapidly evolving digital payments landscape.

BBVA Leadership Team Member Joins Wirex to Strengthen Risk & Compliance Function Amidst Global Expansion

Retrieved on: 
Friday, March 1, 2024
MLRO, Growth, BBVA, AML, Development, Risk management

Anna brings to Wirex a wealth of experience from BBVA, where she was instrumental in strengthening the bank's compliance frameworks and anti-money laundering (AML) strategies.

Key Points: 
  • Anna brings to Wirex a wealth of experience from BBVA, where she was instrumental in strengthening the bank's compliance frameworks and anti-money laundering (AML) strategies.
  • "At Wirex, we are dedicated to upholding the highest standards of compliance and risk management, and the addition of Anna to our team signifies our unwavering commitment to these principles," said Pavel Matveev, CEO of Wirex.
  • "Her exceptional expertise and insights from the traditional banking sector will be pivotal in fortifying our - robust compliance and risk function further.
  • With Anna's appointment, Wirex is poised to strengthen its market position, demonstrating its readiness to lead in the rapidly evolving digital payments landscape.

Trulioo Partners With Public for Its UK Launch

Retrieved on: 
Thursday, November 30, 2023
Online Privacy, Technology, Finance, Security, Fintech, Professional Services, Software, Cryptocurrency, Data Management, ETF, AML, Treasury, Benchmarking, Friction, KYC, Partnership, MLRO, Trulioo, Public

Public chose Trulioo Person Match identity verification to achieve the highest onboarding assurance and meet Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance requirements for its U.K. launch.

Key Points: 
  • Public chose Trulioo Person Match identity verification to achieve the highest onboarding assurance and meet Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance requirements for its U.K. launch.
  • Public’s successful U.K. launch in July 2023 with Trulioo has the platform poised for further global growth with the confidence it can rise to any compliance challenge.
  • That ensures we achieve the highest onboarding assurance as we enter new markets.”
    Public employs Trulioo Person Match for customer verification during registration.
  • Trulioo Person Match delivers automated address verification that streamlines user onboarding, reduces the need for manual uploads and ensures Public meets its compliance requirements in the U.K.
    “The Trulioo platform with blended in-house verification capabilities has proven itself to be a critical partner for Public’s U.K. launch,” said Trulioo CEO Steve Munford.

CEX.IO Celebrates 10 Years of Crypto Industry Leadership

Retrieved on: 
Wednesday, November 1, 2023
Bitcoin, Crypto, MLRO, Decentralized finance, Research, PCI DSS, Mica, Legislation, B2B, Market, Licensure, GHash.io, Growth, Ecosystem, PCI, Cryptocurrency

After a decade of tenured leadership, the company remains committed to its founding mission of expanding access for those seeking success in crypto.

Key Points: 
  • After a decade of tenured leadership, the company remains committed to its founding mission of expanding access for those seeking success in crypto.
  • Over time, CEX.IO evolved into an ecosystem of user-centric products aimed at enabling financial freedom from within a collaborative regulatory framework.
  • “By developing proprietary technologies, and building out critical infrastructure, CEX.IO has been at the forefront during key periods of growth within the crypto space.
  • And after a decade of measured leadership, we’re just getting started.”
    Recently, CEX.IO expanded its European presence with new licensure and a dedicated MLRO for Lithuania.

CEX.IO Named ‘Best Cryptocurrency Platform in Europe’ By Digital Assets Awards

Retrieved on: 
Tuesday, October 10, 2023
Crypto, Communication, Risk, Digital, Decentralized finance, MLRO, Legislation, Ecosystem, Mica, EU, Cryptocurrency

CHICAGO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- CEX.IO , a global ecosystem of products and services that connects curious participants to the cryptocurrency economy and decentralized finance (DeFi), was named “Best Cryptocurrency Platform in Europe” by the 2023 Digital Assets Awards.

Key Points: 
  • CHICAGO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- CEX.IO , a global ecosystem of products and services that connects curious participants to the cryptocurrency economy and decentralized finance (DeFi), was named “Best Cryptocurrency Platform in Europe” by the 2023 Digital Assets Awards.
  • Hosted by The Digital Banker , a global news and business intelligence outlet, the program recognizes companies offering best-in-class services for retail and enterprise clients across financial sectors.
  • Since 2013, the company has helped drive efforts to bridge traditional finance (TradFi) with emerging opportunities in the crypto ecosystem.
  • This award arrives as CEX.IO is poised to celebrate a decade of providing exemplary, trusted access to the digital economy.

CEX.IO Suspends Onboarding of New U.K.-based Clients to Meet Expanded FCA Regulations

Retrieved on: 
Thursday, September 28, 2023
Heart, FCA, Decentralized finance, MLRO, IP, Financial Conduct Authority, Marketing, Financial crime, Cryptocurrency

The immediate action is in response to updated regulatory guidelines issued by the Financial Conduct Authority (FCA) for cryptoasset businesses, and expanded parameters outlined in the Regime of Financial Promotions.

Key Points: 
  • The immediate action is in response to updated regulatory guidelines issued by the Financial Conduct Authority (FCA) for cryptoasset businesses, and expanded parameters outlined in the Regime of Financial Promotions.
  • This will include dedicated web pages and social media channels for all U.K.-based participants, and IP geo-fencing to help ensure enhanced user protections throughout the region.
  • “This is an opportunity to reaffirm why we’re chosen globally as a trusted crypto guide.
  • To achieve operational excellence alongside ethical crypto stewardship, we will continue to lead by example,” Taylor added.

CEX.IO Announces Expansion into, Dedicated MLRO Hire for Lithuania

Retrieved on: 
Thursday, August 24, 2023
Crypto, MLRO, Licensure, Decentralized finance, Finance, VASP, Market, Acquisition, Mica, Financial Crime Investigation Service, Bank, Bank of Lithuania, Legislation, Cryptocurrency, EU

With the acquisition of a Virtual Asset Service Provider (VASP) license, and the hiring of a dedicated Money Laundering Reporting Officer (MLRO) for the country, the company is investing further in its European presence.

Key Points: 
  • With the acquisition of a Virtual Asset Service Provider (VASP) license, and the hiring of a dedicated Money Laundering Reporting Officer (MLRO) for the country, the company is investing further in its European presence.
  • Vilhelmina Giedrime , CEX.IO’s new MLRO for the country, will liaise with the Bank of Lithuania and the Financial Crime Investigation Service (FCIS) to guide efforts in the emerging sector.
  • “Our commitment to ethical crypto stewardship has always been rooted in the user experience,” said Arina Dudko , Director of Lithuania and Global Head of Corporate Payment Solutions.
  • “After a decade of working with regulators to better safeguard the wealth and information of all market participants, this expansion is a culmination of those efforts.

Binance Announces Kristen Hecht as its New Deputy Chief Compliance and Global Money Laundering Reporting Officer

Retrieved on: 
Thursday, August 3, 2023
HSBC, U.S. Department of the Treasury, Office of Inspector General, Meta, MLRO, Privacy Office of the U.S. Department of Homeland Security, Crime, Multimedia, Finance, Terrorism, CCO, Treasury, HSBC Bank (China), Trust, Office of Terrorist Financing and Financial Crimes, Ecosystem, Cryptocurrency, Binance

DUBAI, UAE, Aug. 3, 2023 /PRNewswire/ -- Binance , the global blockchain ecosystem behind the world's leading digital assets platform, today announced the appointment of its former Global Head of Corporate Compliance Kristen Hecht as its new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO) at Binance.

Key Points: 
  • DUBAI, UAE, Aug. 3, 2023 /PRNewswire/ -- Binance , the global blockchain ecosystem behind the world's leading digital assets platform, today announced the appointment of its former Global Head of Corporate Compliance Kristen Hecht as its new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO) at Binance.
  • Before Binance, Kristen served as the CCO at Meta's first crypto digital asset wallet project, Novi Financial.
  • Prior to that, she worked at HSBC to support the firm's compliance transformation efforts during its Deferred Prosecution Agreement.
  • As Deputy CCO, Kristen will work with Binance's Chief Compliance Officer, Noah Perlman, in continuing to enhance the company's industry-leading compliance program by utilizing innovative technology while upholding core AML/CFT principles and practices.