As a Chief Compliance Officer with over 12 years in investment management and 4 years in the payments industry, I bring extensive expertise and value added in regulatory,licensing and investment compliance. My career bridges both traditional finance and fintech, allowing me to navigate the complexities of compliance across diverse sectors. I specialize in developing new businesses and implementing comprehensive compliance frameworks, ensuring adherence to regulatory standards while driving operational efficiency of those businesses I build. My unique blend of experience in both established and emerging financial landscapes enables me to effectively manage risk, enhance governance, and foster a culture of compliance.
i) Merchant Acquiring Service, e-Money Issuance - Bank Negara Malaysia;
ii)Buy-Now-Pay-Later - Credit Consumer Oversight Board
i) Obtained approval-in-principal from Bank Negara Malaysia;
ii) Led consultation efforts with Credit Consumer Oversight Board for the launch of Buy Now Pay Later
iii) Evaluated emerging risks in the industry to proactively address potential challenges and maintain business continuity.
i) e-Money Issuance, Merchant Acquiring Services - Bank Negara Malaysia;
ii) Insurance - Malaysian General Insurance Association;
iii) Retail Payments Platform (DuitNow) - PayNet;
iv) Government Subsidy Program - Ministry of Finance
i) Managed the eBelia Rahmah and other government subsidy programs' legal and regulatory workstream;
ii) Project Manager for e-Money licence transfer exercise; iii) Project Manager for the launch of various DuitNow functionalities under Interoperable Credit Transfer Framework
i) e-Money Issuance, Merchant Acquiring Services - Bank Negara Malaysia;
ii) Insurance - Malaysian General Insurance Association, Malaysia Life Insurance Association;
iii) Retail Payments Platform (DuitNow) - PayNet;
iv) Government Subsidy Program - Ministry of Finance;
v) Digital Money Lending - Ministry of Local Government Development;
vi) Registered Market Operator - Securities Commission of Malaysia
i) Project Manager and successfully obtained conditional approval from the Securities Commission to carry out the business of Registered Market Operator;
ii) Project Manager and successfully obtained licence to carry on Digital Money Lending business;
iii) Project Team and successfully obtained Digital Banking licence;
iv) Project Manager to obtain registration status with the Securities Commission, left before full approval was granted;
v) Project Team for BNPL Regulations discussion and negotiations with Consumer Credit Oversight Board;
vi) Project Manager of eKYC project and application to BNM Obtained various approvals and exemptions with respect to product offerings and enhancements from regulators
i) Successfully obtained the Capital Markets Services License for Digital Investment Manager;
ii) Operationalized the AML/CFT program, implementing client information capture, monitoring, and risk assessment;
iii) Established a marketing compliance framework addressing gaps in non-traditional marketing
iv) Consulted with the Securities Commission during the drafting stage of this policy as no such guideline existed during that time
i) Part of the Global Team in the Global Optimization Program codifying the company's investment compliance framework through Bloomberg AIM and ensured that the rules are reviewed and maintained;
ii) Established the company's personal dealing framework which includes processes, documentation and education related to personal trades of staff in trades of Manulife shares and unit trusts;
ii) Established the shariah framework and corresponding policies and processes to ensure a more systematic way to approach shariah matters
i) Part of working group to set up the lslamic Stockbroking Scheme (ISS) and provided advice on controls and processes required during pre and post set up stage. Established the audit program and various standard operating procedure
ii) Part of the working group leading up to the merger with OSK Investment Bank to review and revamp the audit programs and operations manual of the merged entity.
i) Managed the investment guidelines through Charles River and successfully reviewed and codified all rules into Charles River during the global migration from Nomura's proprietary monitoring system;
ii) Managed company secretarial matters of 2 licensed entities and worked closely with external company secretary on documentation and submissions required for both;
iii) Secretariat for the Board and internal committees of both companies and developed the governance framework; Project team in the establishment of Islamic Fund Management licensed entity and played a main role locally to prepare application documents to the Securities Commission and Companies Commission Malaysia;
iv) Project team to establish the Nomura Global Shariah Fund and assisted in the preparation and review of the Prospectus, Service Level Agreements, and request for proposals
v) Conducted research on various Shariah compliant products and UCITS III regulation and the suitability of Shariah compliant products in a UCITS III structure; Managed the licensing process for the newly established Shariah entity;
vi) Project Manager to establish the Shariah framework such as indices, watchlist, rules and governance mechanisms
Compliance Advisory