Log In

Reset Password

Apex expands compliance service to US markets

Hari Bhambra, global head of compliance solutions at Apex Group

Global financial services provider Apex Group Ltd announced the expansion of its global compliance solutions designed for US investment advisers.

This follows the Apex launch of the service in the Singapore market with compliance services now offered across more than 12 jurisdictions in four regions, enabling clients to leverage global expertise across both entity and fund-level compliance.

The expanding team provides clients with tech-enabled compliance and AML solutions to meet their operational and regulatory obligations across international financial hubs.

This agile, global single-source solution delivers efficiency, simplifies compliance and enables business opportunities from regulatory licensing support through to ongoing compliance advisory for existing and future regulatory requirements.

The expansion of compliance solutions in the US market will help to address clients’ risks and concerns around ESG, AML and financial crime, as well as delivering compliance advisory support including for emerging innovation and technologies in financial services.

Apex Group’s solutions are directed to meet market demand in four key areas: ESG & Sustainability Compliance; Technology enabled AML & Due Diligence Services; Compliance Execution; and Regulatory reporting services.

Global Compliance Solutions in the US will be led by Michael Barakat, who brings over 20 years of experience managing an effective enterprise compliance programme and has been chief compliance officer for some of the largest financial institutions in the industry.

He joins after Apex Group’s acquisition of Sanne, where he was responsible for growing awareness of compliance services and designing and executing compliance programmes for new and existing clients.

Hari Bhambra, global head of compliance solutions at Apex Group, said: “We view compliance as a business enabler and are excited by the commercial possibilities that an ever-evolving regulatory landscape will create for our clients in the US market.

“With the expansion of our Compliance Solutions offering for US clients, we look forward to helping institutions to navigate the opportunities that regulatory compliance, including ESG alignment, can create for their businesses.

“This is an exciting opportunity to bring not just US experience, but global compliance access to our clients, to support their operations across multiple jurisdictions, delivering connectivity across global regulations for optimum business efficacy.”

You must be Registered or to post comment or to vote.

Published October 05, 2022 at 1:30 pm (Updated October 05, 2022 at 9:38 pm)

Apex expands compliance service to US markets

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon