New advisory board to educate professionals on compliance and financial crime

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The Global Practitioner Advisory Board has been created by the International Compliance Association (ICA) to help the worldwide compliance community to ensure business is conducted in the right way.

Twenty board members have been confirmed from across the globe. They will provide valuable practitioner and industry perspectives, assist in the identification of new opportunities such as new training programmes, events, partnerships, and jurisdictional expansion and act as external ambassadors for ICA.

Malcolm Wright, chief compliance officer at 100x Group in Hong Kong, has been confirmed as chair of the Advisory Board and will be supported by Pekka Dare, vice president of ICA, as deputy chair.

Dare explained: “The new Global Practitioner Advisory Board has been formed to support the strategic direction of ICA.  The board is made up of a diverse group of leading compliance and financial crime prevention professionals from different industries and jurisdictions.

“Meeting on a quarterly basis, the board will provide independent, informed and forward-looking advice on the development and strategic growth of ICA and its priorities and activities.”

Rebecca O’Sullivan, head of quality assurance, governance and projects for Commerzbank Singapore, said: “The creation of the board is an important move to advance financial crime prevention education globally and foster cooperation.

“I’m pleased to be part of this development and be able to contribute towards the Board’s goal to raise the support provided by ICA to an even higher level, for the benefit of compliance professionals worldwide.”

Dare concluded: “We are excited about the formation of the new ICA Global Practitioner Advisory Board and the prospect of working with such a diverse and interesting group to help shape our contribution to the future of regulatory and financial crime compliance.”

For more information about ICA, click here.