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Close AllOpen All- Daren Allen
Daren Allen is a partner and head of DLA Piper's financial services team. Daren has a great deal of experience in acting for financial institutions and corporations in relation to complex regulatory investigations and enforcement proceedings conducted by (among others) the Financial Services Authority, the Serious Fraud Office and the Accountancy & Actuarial Discipline Board.
Daren regularly advises on matters in relation to fraud, corruption and money laundering. He advised the Joint Money Laundering Steering Group on the 2006 revised guidance notes for the financial sector and acted in the reported cases of Squirrel Ltd v National Westminster Bank [2005] CWMC 664 (ch), K Limited v National Westminster Bank [2006] CWCA Civ 1039, for the bank in UMBS Online Limited v SOCA and HMRC [2007] CWCA Civ 406 and Shah & Another v HSBC Private Bank (UK) Ltd [2009] EWHC 79 (QB).
- Anthony Belchambers
Anthony Belchambers is a barrister and is currently chief executive of the Futures and Options Association. Previously he served as general counsel for the UK Joint Exchanges Committee, where his responsibilities included coordinating exchange activities and lobbying on behalf of the London-based derivatives markets in relation to international, EU and UK regulation and taxation issues. Prior to joining the JEC, he held the position of company secretary and general counsel to the Association of Futures Brokers and Dealers, where he played a major role in securing the licensing of the first UK regulatory authority to cover derivatives and drafting the UK regulations for derivatives.
Anthony is a member of the court of the Guild of International Bankers and a co-founder of both the Alternative Investment Management Association and, in its original form as an intergroup of the EU Parliament, the European Parliamentary Financial Services Forum. He initiated the establishment of the UK parliament's Associate Parliamentary Group on Wholesale Financial Markets and Services and sits on a number of financial services groups and committees.
- Peter Beales
Peter Beales is the secretary for the London Investment Banking Association (LIBA) and is also the director responsible for legal and compliance issues. He has led the association's work on many aspects of the Financial Services and Markets Act and related legislation, and has acted as secretary to the FSMA Legislation City Liaison Group which represents leading trade associations and City law firms. Previously he worked for the Unit Trust Association (now Investment Management Association), the British Bankers Association and the Bank of England. From 1985-1987 he was seconded to the office of the Permanent Representation of the United Kingdom to the European Union in Brussels as first secretary economics and finance. Since June 2002 he has been a member of the Financial Markets Law Committee.
- Linda Busby
Linda Busby is the Anti-Money Laundering Officer for Raymond James Financial, Inc. and its subsidiary broker/dealer Raymond James & Associates, Inc. She also is responsible for the firm’s Foreign Corrupt Practices Act compliance.
Ms. Busby joined Raymond James in 1995 and was appointed the Compliance Anti-Money Laundering Officer in 2002. Her previous experience at the firm includes supervision of Treasury and Cash Management functions, including funds transfers, deposits, and cash management and investment. She began her work at Raymond James as an accountant in Financial Reporting.
She earned a Masters of Science in Accountancy from Bentley College, Waltham, MA and is a Certified Public Accountant. She completed her undergraduate degree in the sciences from Rhode Island College and studied at the graduate level at Vanderbilt University. An active member of the Securities Industry and Financial Markets Association (SIFMA) AML Committee since 2001, she participates in other industry AML groups and served as President and Chief Information Officer of the Tampa Bay Association for Financial Professionals.
- James Carnegie
James Carnegie has over 10 years' experience in the financial services industry. He began his career at the Financial Services Authority where he was a banking regulator and was closely involved in protoptying RATE, the predecessor of ARROW. Subsequently, he worked in Royal Bank of Scotland's internal audit team where he specialised in corporate banking and financial markets.
He has spent the last five years working in risk management and governance, first at Aviva's Global HQ and, more recently, as a consultant in Grant Thornton's Actuarial and Risk Practice. He works with a wide range of companies on the development and implementation of governance and risk management frameworks. He focuses primarily on the life assurance sector. He is particularly interested in the link between risk and capital management and business performance.
- Siän Dalrymple
Siän Dalrymple is the head of global capital markets compliance at Deutsche Bank as well country compliance coordinator for Russia and Greece. She joined Deutsche Bank in September 2006. In addition, Siân is the global representative for compliance on the legal, risk and capital intern and graduate recruitment and development programme and coordinator for the compliance department on staff development initiatives. She has previously held senior roles at a number of firms, both US and European, that have given her extensive knowledge of compliance issues across a broad spectrum of products and regions. She is a committee member of the Securities Houses Compliance Officers Group and chair of TECC 2005-2009.
- Stephen Fairclough
Steve Fairclough is head of training and compliance, EMEA for The Northern Trust Company, where he is responsible for regulated learning and supervision frameworks. Steve left Barclays Wealth in April 2008 after five years in the compliance department, where he ran the monitoring team for the UK advisory business before developing training programs and T&C schemes for different distribution channels. Formerly a supervisor in the insurance firms division of the Financial Services Authority, Steve also spent several years training investment advisers and managers both in high street firms and direct franchise networks.
- Robert Finney
Robert Finney leads the Financial Markets and Regulation practice at Denton Wilde Sapte. He focuses on securities, derivatives, commodities (physical and futures), asset management (including investment funds) and financial regulation (banking, investment services/activity and insurance). He also works on financial markets development, advising various exchanges, regulators and other market infrastructure institutions in the UK and other countries (especially emerging markets. He has been involved in numerous e-commerce projects in securities, derivatives and banking markets, both wholesale (B2B) and retail (B2C).
Robert has over 25 years' experience of funds and derivatives work, and has advised on financial services regulation issues since the UK's Financial Services Act 1986 was passed.
- Nick Gibson
A frequent writer and presenter on compliance issues, Nick Gibson has over 25 years of regulatory compliance experience, initially as a regulator with the Securities and Futures Authority and its predecessors, and subsequently with ABN AMRO compliance functions with responsibility for UK, European, global wholesale, global equity and group compliance activities. Nick is widely acknowledged as an expert on European regulation and compliance issues.
Nick is now director of compliance solutions at Chase Cooper, an innovative practitioner-led enterprise risk management software and consulting firm. Nick heads a business-oriented compliance practice centred on practical compliance issues, compliance function development, integration and change management, and in moving governance, risk and compliance initiatives from theory to practice. Nick has delivered example-based compliance training up to board level using multiple delivery mechanisms and has lead the development of dynamic, commercial and compliance monitoring solutions.
- Jonathan Herbst
Jonathan Herbst is a partner at Norton Rose. He is an expert in UK and EU financial services law and regulation and provides specialist advice relating to hedge and other funds, investment management and custody and the regulatory aspects of acquisitions and disposals. Jonathan joined the London practice as a partner in the financial services group in October 2002 and was previously head of European law at the Financial Services Authority.
Jonathan also has experience of advising on contractual and regulatory structures for hedge and other funds, limited partnerships, investment managers, automated trading systems and other financial services businesses.
- David Kenmir
David Kenmir's career spans 20 years in regulation, initially at the London Stock Exchange. He joined the FSA in 1998 as director of authorisation and went on to lead Project Arrow, which designed and implemented the FSA's risk-based approach to regulation.
David became director of the FSA's Investment Firms Division in 2001, where he was responsible for the supervision of 8,500 firms. Following that, he became managing director of the Regulatory Services Business Unit in 2004, before becoming interim MD of the Retail Markets Business Unit in March 2008 and COO in September 2008.
From 2004 to leaving the FSA in April 2009, David was a member of the FSA's Board, Executive Committee, Regulatory Policy Committee, and Firms and Markets Committee. As such, he was involved in all the key regulatory and policy decisions the FSA made during that period.
- Nancy Lininger
Nancy Lininger is the founder of The Consortium (Camarillo, CA), providing compliance and marketing consulting to Investment Advisors and Broker/Dealers, and publisher of the CompliancE-News. Nancy calls herself a "Professional Weightlifter" as she lifts the burden of compliance and marketing off your shoulders (www.liftburden.com). She has worked in the Financial Services Industry since 1978, beginning her career as a stockbroker, doing marketing and sales. Starting in 1983, she began to focus on compliance, and played a key role advising the day-to-day operations of a Broker/Dealer and Registered Investment Advisor. She started The Consortium in 1989, working with multiple firms on registrations, on-going compliance, and marketing. She has held the NASD (now FINRA) license for General Securities Principal, and completed the Paraplanner program through the College for Financial Planning. Membership is maintained in the Financial Services Institute, National Society of Compliance Professionals, and she is Past President for the Ventura County Chapter FPA.
- Michael Littenberg
Michael Littenberg is a Partner at Schulte Roth & Zabel in New York. His practice areas include: Securities Law and Capital Markets; Venture Capital/Minority Investments; Mergers and Acquisitions. He also does general corporate work, including: Representation of U.S. and non-U.S. issuers, investment banks, investors and boards of directors in connection with U.S. and global capital markets transactions and ongoing U.S. securities law and securities exchange compliance matters. Representation of issuers and investors in structuring, negotiating and documenting venture capital transactions and other minority investments, including transactions involving common stock, preferred stock, LLC interests and convertible debt, and including "PIPES". Representation of acquirers (including leveraged buy-out funds), sellers, special committees and financial advisors in connection with U.S. and cross-border mergers and acquisitions of private and public companies. Representation of clients in day-to-day general corporate and securities law matters and compliance. Counseling U.S. and non-U.S. emerging companies in developing and implementing capital raising strategies. Joint ventures, licensing arrangements and other corporate collaborations.
- Tim O'Neal Lorah
Tim O'Neal Lorah is an Executive Director and the Global Head of Anti-Money Laundering (AML) Compliance at Morgan Stanley, where he oversees development and implementation of the Firm’s global AML Program. Prior to joining Morgan Stanley, Mr. Lorah was a senior litigation associate at Schulte Roth & Zabel LLP in New York where he practiced primarily in the area of regulatory enforcement litigation, advising financial institutions on various matters relating to Bank Secrecy Act/USA PATRIOT Act compliance, suspicious activity, OFAC and corporate compliance issues, as well as conducting internal corporate investigations. Mr. Lorah has also represented financial institutions and individuals in matters before various federal and state regulatory agencies, including the U.S. Securities and Exchange Commission and the Commodities Futures Trading Commission. He graduated magna cum laude from New York Law School, receiving the Alfred L. Rose Award for overall excellence. Upon graduation, Mr. Lorah clerked for the Honorable Howard A. Levine, Associate Judge, New York Court of Appeals. Mr. Lorah has co-authored various publications, including An Analysis of Anti-Money Laundering Provisions of the USA PATRIOT Act and Proposed Implementing Regulations; 2001: A Money Laundering Space Odyssey; How Safe Is the Bank Secrecy Act Safe Harbor; Back to the Future: How Recent Events Have Revived the Call for More Stringent Anti-Money Laundering Regulation; and Money Laundering in the Millennium: A Broker-Dealer's Guide to KYC, SAR and OFAC. He frequently speaks on AML topics at various symposiums and conferences, including those sponsored by the American Bar Association, the Practising Law Institute, FindLaw, the AML Congress, the Canadian Institute, the New York Stock Exchange, the Futures Industry Association, the Securities Industry and Financial Markets Association (SIFMA), the Institute for International Research and the FINRA Institute for Professional Development.
In 2008, Mr. Lorah was a member of the U.S. Delegation to the FATF/MONEYVAL Experts’ Meeting on Money Laundering and Terrorist Financing Typologies, delivering a presentation on Money Laundering and Terrorist Financing Risks in the U.S. Securities Industry. He also served as a member of the U.S. Delegation to the U.S. – Dutch Pilot Project Joint Working Group on Terrorist Financing, Financial Crimes and the Implementation of Blocking Orders, hosted by the U.S. Department of the Treasury. He is currently a securities industry representative to the U.S. Treasury Department’s Bank Secrecy Act Advisory Group (BSAAG), and co-chairs the BSAAG Subcommittee on Suspicious Activity Reporting.
- Ian Mason
Ian Mason joined Barlow Lyde & Gilbert as a partner in the financial services and regulatory team in 2006. He now heads the team. He was previously head of the wholesale group in the Financial Services Authority's Enforcement Division. Ian has extensive experience of managing complex FSA investigations and litigation in relation to insurance, financial crime, banking, market abuse and other contraventions that require enforcement action. Ian led the team that produced the original Enforcement manual part of the FSA Handbook, as well as developing the internal processes and procedures that FSA staff use in investigations.
Ian's practice focuses on advising and representing firms and individuals that face FSA enforcement action, as well as providing general compliance advice on FSA issues. He advises a broad range of financial institutions including hedge funds, stockbroking firms, banks and insurance and reinsurance companies. Ian has also advised the regulator and firms on AIM investigations and enforcement. Ian has led major corporate investigations for clients (often in the context of potential action by the regulator). Ian is identified as a leading individual in his field in Chambers and Partners Directory where he is described as a "quality practitioner with extensive experience" and is recommended in the Legal 500 and Chambers 2009 for FSA enforcement work.
- Joseph McGill
Joseph McGill is Chief Compliance Officer at UBS Global Asset Management and is responsible for all U.S. and Canadian Compliance matters. Prior to this he was Vice President and Assistant General Counsel for J.P. Morgan Fleming Asset Management where he was responsible for U.S. legal and compliance advisory issues. Prior to joining JPMIM, he was a Vice President with Goldman Sachs Asset Management where he was responsible for U. S. institutional compliance. He also served as Vice President, Chief Compliance Officer and Counsel to J. & W. Seligman & Co. Incorporated. While at Seligman, he had overall compliance responsibility for several affiliated companies including a mutual fund family, two limited purpose broker-dealers and three registered advisory firms. Prior to that, he was the Assistant General Counsel at Prudential Securities Incorporated. At Prudential, he represented the firm and its representatives in commodities arbitrations as well as investigations and proceedings initiated by the SEC, CFTC and other regulatory organizations. He also has experience as a Securities Examiner at the NASD (now FINRA) and a Compliance Analyst at E.F. Hutton & Co.
- Tim Plews
Tim Plews is co-head of the financial services practice at Clifford Chance in London. He specializes in financial markets law and regulation, financial institution mergers and acquisitions, and the development of new products.
- Andrew Podd
Andrew Podd currently works for the Financial Services Authority, having held senior industry roles at PricewaterhouseCoopers, Barclays and GE Capital. He has over 20 years' experience in risk, governance, finance and compliance gained across the financial services industry. Before joining the FSA, Andrew was managing director, banking, Europe, corporate treasury at GE Capital Europe, a role he held for three years, prior to GE disposing of certain of its European businesses to Santander. Prior to GE, he was a director in group compliance at Barclays for four years.
By profession Andrew is a chartered accountant, qualifying with PricewaterhouseCoopers (formerly PW) where he worked in financial services in both London and New York in a variety of audit and consulting roles, latterly as a director in its FS Regulatory Consulting practice. Andrew has been a regular speaker and chair at industry events, and has written several articles for Complinet and other publications.
- Lisa Roth
Lisa Roth is the Chief Executive Officer, Chief Compliance Officer and majority owner of Keystone Capital Corporation, a small San Diego-based broker dealer specializing in unique institutional and Gen Y investment strategies, a role she has filled since 2001.
Ms. Roth is the founder and was Chairman and CEO of ComplianceMAX Financial Corporation, a regulatory compliance company later acquired by National Regulatory Services (NRS). Prior to founding ComplianceMAX Financial, Ms. Roth served in various executive capacities with Royal Alliance Associates, First Allied Securities and other brokerage and advisory firms.
In 2007, Ms. Roth was appointed to FINRA’s Small Firm Advisory Board and is currently serving a three-year term. She has also been a member of the FINRA Board of Arbitrators for over 15 years and she is the most recent Past-Chairman of the National Association of Independent Broker/Dealers’ (NAIBD) Board of Directors. Through her long term role on the Board of NAIBD, she has presented the small and independent firm perspective to regulators on a wide range of topics.
Ms. Roth currently holds Series 7, 24, 4, 53, 65, and 63 licenses.
Ms. Roth graduated from Moravian College in Bethlehem, PA where she received her B.A and was the recipient of its history prize in 1990. She currently serves as Chairman of the Board of Responsibility, a non-profit organization that provides education to children living alongside municipal dumps in Tijuana, Mexico, and is the founder of “Los Buen Deportes”, an organization through which U.S. and Mexican teens engage in recreational soccer games and clinics.
- Nigel Rudkin
Nigel Rudkin is the MLRO at the London Branch of Intesa Sanpaolo SpA, the largest bank in Italy. He has also been responsible for the co-ordination and oversight of AML activities and training in its branches in Europe since 2007.
He has been involved in anti-money laundering since 2000 and has been the MLRO in three different banks. He has spoken at a number of AML events for various AML compliance training companies and is also the author of the Retail banking chapter of "A Practitioner's Guide to International Money Laundering Law and Regulation”. His background is diverse, encompassing internal audit and HR as well as anti-money laundering, and has given him a broad and practical perspective on how to be an effective MLRO. He is the founder of the MLRO Focus Group, an independent group of MLROs in banks and securities houses that was set up in 2003 and meets periodically in London.
- Deborah Sabalot
Deborah Sabalot is a qualified English solicitor and US lawyer with over 20 years of experience in advising a wide range of financial sector clients on UK and international banking and financial services regulatory and compliance issues. She is the principal in her own law firm providing legal and regulatory advice to clients on a wide range of banking and securities topics, and works with them on various regulatory projects. She has worked as a consultant to the Financial Services Authority on MiFID implementation matters and on matters relating to the protection of client money and assets.
Deborah is the consultant editor of the Butterworth's Financial Services Law Handbook, the tenth edition of which was published in 2009, and she has contributed to a number of books and many articles including a chapter to Blair and Walker, Financial Services Law, the second edition of which was recently published by Oxford University Press. Deborah is a professional associate of Outer Temple Chambers and has also served as a member of the FSA's Working Party on Client Money and Assets. She has also contributed to working groups of the Financial Markets Law Committee and its predecessor, the Financial Law Panel.
- Betty Santangelo
Betty Santangelo is a Partner at Schulte Roth & Zabel LLP where she specializes in white collar criminal defense and securities enforcement, and has nationally recognized expertise in corporate compliance issues, including anti-money laundering, OFAC and FCPA. Her practice includes representing financial institutions and individuals in various matters before the U.S. Attorney's Office and various regulatory agencies, including the SEC, the CFTC, the NYSE and the NASD (now FINRA). She advises financial institutions on their anti-money laundering/OFAC procedures; and conducting internal investigations. Santangelo has also served as an Independent Consultant in SEC enforcement matters. She previously served as First Vice President and Assistant General Counsel for Merrill Lynch, where she had responsibility for representation of the firm and its employees in regulatory litigation before federal and state regulatory agencies. This included criminal matters before the U.S. Attorney's Office and state prosecutors, and in foreign jurisdictions. Prior to Merrill Lynch, she served as an Assistant U.S. Attorney for the Southern District of New York, specializing in securities and commodities fraud prosecutions. She has published numerous articles and book chapters on anti-money laundering compliance and securities enforcement issues.
- Alastair Smith
Alastair Smith is deputy head of global compliance at Fortis Investments. With over 16 years of experience within financial services, the last 14 have been solely within the asset management industry in compliance, legal and risk. Alastair is directly responsible for compliance policy, global anti-money laundering prevention, compliance training and marketing compliance.
Alastair joined ABN AMRO Asset Management, now incorporated into Fortis Investments, as head of compliance policy and training in 2005, widening the role to include chief operating officer's functions across compliance, legal and risk, and business management. He is responsible for a full range of policy responsibilities, project management, e.g., the Markets in Financial Instruments Directive, and incident remediation (including Luxembourg funds business) at global executive committee level. He became deputy head of global compliance shortly after the integration with Fortis Investments.
He commenced a permanent career in financial services with NatWest Stockbrokers in 1993. His responsibilities included training sales staff in portfolio management products. In 1994 he joined UBS Global Asset Management Legal, negotiating documentation, becoming a major influence on industry approach to pensions legislation. He then moved to a compliance advisory role, where he covered all of the firms' activities including major project work on regulatory change, instruments, product design, investment activities, new IT platforms (front to back), merger of accounting platforms and the implementation of a global operational risk database/SOXA. He is specialist in UK life company products, securities lending and derivatives. He became member of the UBS AG AML Committee representing UBS Global Asset Management globally and the significant control function for five UK entities. He was a major influencer and contributor to Wolfsberg's working group on Wolfsberg Statement — Anti-money Laundering Guidance for Mutual Funds and other Pooled Investment Vehicles published June 2006.
- Andrew Strange
Andrew Strange is the policy director at the Association of Independent Financial Advisers. His day-to-day role entails running the policy team, who manage all aspects of AIFA's work from regulatory responses to research, member communications to projects. Andrew also spends much of his time meeting with and lobbying regulators and ministers for better, more appropriate regulation. This includes deputising for the director general on European forums. AIFA's broad membership base also means Andrew is responsible for policy at the Association of Mortgage Intermediaries and the Association of Finance Brokers.
Prior to working for AIFA, Andrew worked as an IFA and ran his own mortgage advisory business and holds the Diploma in Financial Planning.
- Lauren Teigland-Hunt
Lauren Teigland-Hunt is the Managing Partner of Teigland-Hunt LLP, a boutique law firm that specializes in derivative and commodity transactions and regulation. She has extensive experience representing hedge funds, financial institutions and commodity trading firms in a wide range of derivative and physical commodity trading matters. She acts as counsel to several ISDA drafting committees and the Derivatives Subcommittee of Managed Funds Association. She also has served as chair of the Contract Drafting Committee of the Edison Electric Institute. Prior to founding Teigland-Hunt LLP in 2002, she was an attorney at Sullivan & Cromwell LLP in the firm's Commodities, Futures and Derivatives Group (1996-2002) and worked as a futures trader and banker in New York and Paris (1986-1993). She is a graduate of Stanford Law School (J.D. 1996) and Georgetown University (A.B. 1986).
- Bill Warren
Bill, who recently launched Bill Warren Compliance LLP, a mortgage and general insurance compliance consultancy, has worked in the mortgage industry for 41 years. He has held a wide range of senior appointments within compliance, sales, operational management, underwriting, customer services, customer relations (including FOS complaint management) and has worked for several major UK lenders, the MCRI/MCCB as national compliance manager, mortgage intermediaries, including as compliance director of a mortgage and GI network, and recently at RAMP, the Regulatory Alliance of Mortgage Packagers.
Bill is a board member of the Association of Mortgage Intermediaries and holds two non-executive director positions with a large GI provider, Centrepoint Insurance, part of the Assurant Group, and Complete Mortgage & Loan Services Ltd, a mortgage distribution firm.
