Compliance in Asian Wealth Management Forum 2017

Stephen Yee is Head of Compliance and Risk Management for Bank Julius Baer Singapore since 2016. He is responsible for all aspects of Compliance including Regulatory and AML/KYC Compliance. He took on the additional responsibilities for Risk Management in 2020. He has held various first and second line of defence control related roles throughout his career. Stephen is originally from Australia where he graduate from the University of Sydney with a Bachelors of Economics and Accounting

Alison Fidler, Head, Conduct, Financial Crime and Compliance, Wealth Markets Products and Sales, Standard Chartered Bank has overall leadership and functional responsibility for conduct, financial crime and compliance (CFCC) matters concerning the Wealth Markets Products and Sales business, which is a globally managed business that provides financial markets access to the Private Banking and Retail Banking client segments through advice on, product structuring and transaction execution in most asset classes (foreign exchange, interest rates, credit, equities and commodities). In recent years this has included CFCC responsibility for digital initiatives both direct to clients and direct to RMs (equities, FX and fixed income). She also provides advice, strategic direction and leadership on the interpretation, assessment and implementation of Global Regulatory Reform initiatives that impact the Wealth Management business. She joined Standard Chartered Bank in January 2010 from King & Wood Mallesons in Sydney where she worked in the banking and financial services department. Prior to Mallesons, Alison worked for Linklaters first in London and then, for over 11 years, in Hong Kong; where she gained extensive regional knowledge. She is qualified as a solicitor in England and Wales, Hong Kong and New South Wales.

Mark Büsser studied Aeronautical Engineering at the ETH (Federal Institute of Technology, Zürich, Switzerland) and holds an MBA from IMD. He started his career in management Consulting, then led a big machine tool company before founding IMTF group, which he has successfully built up and managed for over 29 years to become a market leader in administrative process automation (Onboarding, Client Life cycle management, loan origination, etc.)  Content Management and Compliance in Switzerland and over 50 countries.

Recognising that for success, oversight of business needs a Global approach that spans across a matrix of governance and accountability for all the product and enablement functions including any outsourced service providers. Matt brings expertise in large scale project and change management, strategic planning and governance to the rollout of the Operational Risk Measurement & Management Framework across Asia. Driving a focus on consistent and sustainable implementation, supporting 1st line APEA operational risk teams and monitoring progress to keep ANZ on track to meet management board and regulatory commitments. In 2015 Matt’s passion, collaboration and accountability helped him be directly accountable for embedding Op Risk governance in 7 South East Asian countries and their Institutional,  Retail, Private Banking and Wealth Mgmt business lines across Asia, providing 2nd line Operational Risk objective challenge, oversight and advice to achieve an appropriate risk profile & control environment.

A Senior executive with a consultative accountable style identifying Operational Risk and Compliance solutions collaborating to understand the end-to-end change management, process re-engineering & technology initiatives needed to make them a reality. Encouraging collaborative performance by sharing decision making; bringing others on the journey; empowering individuals & turning managers into leaders. A passionate and respected “Super Regional” networker who gains buy-in and loyalty through authenticity and decisiveness.

Thought leadership shaped by valuable insight gained through senior executive and independent consulting roles extending to Institutional and Investment Banking, Retail Wealth, Insurance, Mutual Funds, Fixed Income, Listed & OTC Structured Products against Equities and FX in major corporations such as Morgan Stanley, Citibank, ABN Amro, ING Barings and Westpac to name a few prior to ANZ.

A catalyst of change and process improvement with a maturity and presence that engages and motivates at all organisational levels enabling lateral and effective business solutions to be uncovered and measurable sustainable change to occur. Bringing insight and experience to best extract the right structure to succeed. 

A 'valued partnership' based business relationship with an 'objective challenge' approach to ensure that material issues and actions are reported to relevant stakeholders and Risk Committees, reinforcing a culture of openness and no surprises with transparency and clear accountabilities. Valuing collaboration to do things one consistent way through simplification and standardisation of risk and compliance measurement, sustainable processes and policies; proactive involvement in process improvement campaigns; and more recently conducting Op Risk training for the Myanmar Bankers Association members and being a subject matter expert on panel discussions @ the OpRiskAsia conference.

Stephanie Magnus is a Principal in the Corporate & Securities practice group in Singapore, and heads up the Financial Services and Regulatory Practice in Singapore. She has significant experience in compliance, and focuses on regulatory issues, particularly in the financial services, insurance and commodities sectors. Her practice also includes mergers and acquisitions in the financial services sector. Stephanie regularly advises international banks, capital markets intermediaries, fund managers, insurance companies and other financial institutions on financial services compliance and regulatory matters, and works closely with her clients to navigate these matters. Stephanie was named in Chambers Asia Pacific for her "timely, practical and business oriented" advice, with a "deep understanding of the regulatory regime.. "

Sanjoy Sen is a senior international banker with 25+ years of experience in Consumer and Commercial Banking. He is currently Managing Director, Retail Banking Asia Pacific, for ANZ where he joined in 2012. Based in Singapore, he leads ANZ’s Retail, Wealth & Private Banking Business for the Region. Sanjoy has deep banking experience in Global Banks such as ANZ and Citigroup, and a successful track record of driving transformational business, growth strategies and M&A in diverse markets. He serves on the boards of several ANZ subsidiaries/ joint ventures in the Region.

Prior to joining ANZ, Sanjoy was Citigroup’s Managing Director and Consumer Bank Head for Middle East & North Africa. Prior to that, he was the Chief Operating Office and Retail Banking Head for Citibank in China. Sanjoy started his career in Citigroup in 1990 and held various senior leadership positions spanning General Management, Sales, Marketing, Credit and Risk.

Sanjoy is widely acknowledged for his industry thought leader on future of consumer banking, digital disruption and fintech. He is an engineering graduate from Indian Institute of Technology (IIT) and has a MBA from Indian Institute of Management (IIM) where he was the Marketing Gold Medalist. He has done executive management program from Harvard University.

Anuj has 19 years of experience in Singapore. Anuj is actively involved in discussing asset management and wealth management issues with the industry players, industry associations and has a close working relationship with the authorities. He supports actively on policy matters affecting the asset and wealth management industry in Singapore. Anuj has provided extensive advice to families, fund management players and financial institutions on various areas of including family offices, trust structures, restructuring of investments, setting up of Singapore investment funds and fund management operations, entry strategies into Singapore and Asia and treaty analysis. Anuj is a member of the Singapore Institute of Accredited Tax Professionals. Anuj's key past and present clients include family offices, private banks, private equity funds, sovereign wealth funds, pension funds, private equity funds, family offices and venture capital funds. These include local, Asian and global players.

Evelyn is Head, Network Compliance, Wealth Management  at Standard Chartered Bank, based in Singapore. Prior to this she was head of compliance APAC Wealth Management at Royal Bank of Canada.  Until 2011, she was the Asia regional head of equities compliance for UBS based in Hong Kong for almost five years. She was also with Merrill Lynch for almost 10 years based in Singapore, Bangkok and Hong Kong, with responsibilities for derivatives compliance for the Asia Pacific region and country compliance coverage for Thailand, Korea, India, Taiwan, Singapore and Australia. With over 20 years of dedicated Compliance experience, Evelyn has a strong background in product advisory, private banking, strategic development of Compliance framework and teams.
 

Amar is the Head of Wealth Strategy & Advisory for Orbium Management Consulting in APAC. He advises C-level executives on a variety of topics such as M&A, on-shore expansion, segmentation, regulatory and advisory excellence

Amar is also leading the Regulatory Implementation practice at Orbium and helps Private Banks address regulatory challenges such as KYC, investment suitability, CRS, bank culture reforms etc.

Prior to Orbium, Amar held strategic roles at Societe Generale Private Bank, Standard Chartered Private Bank and Coutts in Asia-Pacific.

He has also worked in the United States for AT Kearney and holds an MBA from the Kellogg School of Management.

More than 18 years of business experience in the financial industry with a strong focus on Governance and Compliance.

International exposure to different business and regulatory environments spanning from Europe to Asia and the United States.

Current coverage: Africa, Middle East and Asia (based in Singapore).

Established track record of initiating, setting and implementing policies and procedure on a global scale working with multiple stakeholders.

Acted as liaison for both internal and external audits in different organizations.

Strong interpersonal skills with very good communication skills and strong ability to influence and manage objectives in partnership with various stakeholders.

Sunil has over 15 years of experience in providing financial services solutions to clients. His areas of focus include trustee and private client services, regulatory compliance and immigration. Prior to joining the firm, he worked at PwC’s Financial Services practice and at Deutsche Bank in London. He is a qualified Chartered Accountant and Trust and Estate Practitioner. He has a first class honours degree from Oxford University.

Joanna joined Withersworldwide in 2015, following the Formal Law Alliance (FLA) between Withers and Singapore law firm KhattarWong LLP. She is a partner of KhattarWong’s tax and private client practice group, focusing on revenue law and in resolving tax disputes with the Inland Revenue Authority of Singapore (IRAS).

Joanna has more than a decade of experience in advising all areas of Singapore taxation, in particular, income tax, goods and services tax, property tax, stamp duties and tax treaties. Prior to joining KhattarWong in 2014, Joanna was a Senior Legal Specialist with the IRAS where she advised the authority on complex and novel points of revenue law. She has also represented the authority in criminal prosecutions, and hearings before all tax tribunals and the Supreme Court as both lead counsel and co-counsel in landmark cases including Singapore’s first tax avoidance case.

Isay is responsible for Client On-boarding and Lifecycle Management for UBS Wealth Management. He is also responsible for all back-office functions supporting Wealth Management APAC and for the whole of UBS Group in Singapore. 

Prior to joining UBS, Isay worked for Clearstream / Deutsche Boerse, where he had several leading roles from IT projects to Strategic Planning and Corporate Finance, as well as International operations. 

Isay has more than 20 years of international experience in the financial services industry having worked in the U.S., Latin America, Europe and Asia-Pacific, across the value-chain from private banking to global and local custody to clearing systems, central depositories and transfer agents.

Isay has a BSc with honors in IT and business (MIS) from the Tec de Monterrey (ITESM) in Mexico. He also has done studies in Harvard, Columbia, IMD and University of Tampa.

Tan Woon Hum is partner with a major Singapore law firm Shook Lin & Bok. He has more than 23 years of experience as a professional lawyer. He heads the Trust, Asset & Wealth Management practice and is widely regarded as one of the rare market leaders specialising in investment funds, REITs, trusts and private wealth. He advises numerous fund managers, wealth managers and EAMs, setting up Singapore and Cayman funds, getting CMS licences, RFMC & VCFMC approvals, setting up family offices and private trusts, including Section 13X structures. He holds a law degree as well as a MBA (Finance). He has been a sought after speaker and speaks regularly at public conferences and seminars for more than 17 years in Singapore, Hong Kong, Vietnam and Malaysia and also conducts professional training courses (including Euromoney, Courses & Seminars & Henley Business School hedge funds programmes). Woon Hum has been recognised as a leading funds lawyer by Chambers Asia-Pacific 2012 to 2019, The Legal 500 Asia Pacific 2017 to 2019, and Best Lawyers Singapore 2013 to 2020. He is also recommended for his expertise in real estate in The Legal 500 Asia Pacific 2014, 2015, 2017 to 2019, and in private wealth in the 2019 edition. Woon Hum is also cited as a notable practitioner in IFLR1000 2018 and 2019.

Kit is responsible for overseeing the Private Wealth Management’s compliance programs in Asia ex-Japan. Based in Singapore, he oversees teams in Singapore, Hong Kong, China and Bengaluru. Prior to his role with Goldman Sachs, Kit worked at Standard Chartered in Hong Kong and Dubai and Citigroup, in London.

Rolf Haudenschild is heading Ingenia Consultants Pte. Ltd., a leading compliance and internal audit provider to external asset managers, fund management companies and fintech companies in Singapore. He regularly works with financial institutions for their licensing with the Monetary Authority of Singapore (MAS), produces compliance frameworks, manages compliance workflows for multiple financial institutions and advises on regulatory questions. Before establishing a compliance consultancy, Rolf worked with FINMA, the Swiss financial services regulator, and in legal and compliance at international and regional private banks. Rolf is a qualified attorney-at-law and holds an MLaw from the University of Berne, Switzerland, as well as an LLM in International Financial Law from King’s College London, United Kingdom. He is regularly speaking on compliance in conferences and conducting courses for industry associations and tertiary institutions.

Andreas Wenger joined IMTF group in 2018 as APAC General Manager. Since 2011, Andreas has been working in Singapore and acquired a deep understanding of the actual challenges faced by banks operating in this region. Andreas holds a master degree from ETH Zurich and a PhD from University of Zürich in Physics. His experience encompasses business and technology transformation, front office strategies and processes, and post-merger integration.

David is responsible for overseeing the Private Bank’s compliance programs globally. Based in Singapore, he oversees teams in Singapore, Hong Kong, Mumbai, Dubai, London, Guernsey, and Jersey, focusing much of his attention on the bank’s Client Due Diligence processes and procedures as well as the suitability and sales processes of the bank’s diverse product offerings and services.

David joined Standard Chartered from Standard & Poor's (S&P) in New York where, from 2009 to 2012, he was the Global Chief Compliance Officer for S&P's Investment Services and Rating Services, respectively. Prior to S&P, David spent 5 years at Citi, working in Citi's Private Bank in both New York and Tokyo as well as in Citi's Investment Bank in Hong Kong, variably, in both legal and compliance roles.  

Cherry graduated from National University of Singapore with a full scholarship from the Singapore Government, in area of Computer Science. For the last decade, Cherry has worked in United Oversea Bank, a German-based Management Consulting Firm and multiple Regional banks, she has expertise in Avaloq static data, CRS and various compliance topics. Her depth of experience in data modelling and software development, has enabled her to successfully implement tax reporting projects (FATCA, CRS, etc.) for 2 private banks.

Cherry also has a Master of Business Administration degree from National University of Singapore, with a specialization in Finance. Through that, she also travelled to Indian Institute of Management (Bangalore) to gain valuable regional experience.

Since 2012, she has worked in Synpulse and is well known for her sharp insights and ability to communicate with impact.

Joining Credit Suisse in 1998 as an analyst, Philipp Piaz commenced his comprehensive career in private banking and wealth management. During his time at Credit Suisse, Philipp held a number of senior roles, relocating from Zürich to Singapore in 2001 to undertake Thailand Private Client Business Development in his role as Vice President. In 2004, Philipp joined the senior management of Deutsche Bank AG, with whom he was affiliated for 5 years. In his role as Director, Philipp was responsible for the development of Deutsche Bank’s Thai Private Client Business. In 2009, he became Co-Founder & Managing Partner at Finaport, overseeing the expansion of the firm's Asian operations. Philipp is a founding member of the Association of Independent Asset Managers (AIAM) in Singapore, and was appointed President of the AIAM in 2018. Philipp undertook Elementary Studies of Economics and Law at University of St. Gallen in Switzerland.

Gary is responsible for business development and sales for the ASEAN region. He has extensive experience  working with multiple financial institutions, as well as in the government sectors.

As a regional manager, he oversees a team in Singapore and is a core member of the Financial Services Sector Group within Bureau van Dijk.

Sinyee Koh joined Duff & Phelps in January 2015 from Kinetic Partners. As a result of Duff & Phelps’ acquisition of Kinetic Partners, Duff & Phelps created a dedicated Compliance and Regulatory Consulting Practice.

Sinyee manages the Compliance and Regulatory Consulting Practice in Singapore. She advises financial services firms on licensing and ongoing Singapore and cross-border regulatory requirements and reviews firms’ risk management, internal controls and compliance arrangements.

Before joining the firm, Sinyee practiced in the Hong Kong and London offices of a top City law firm. Her practice areas were contentious financial services regulation and white collar investigations. From 2008 to 2014, Sinyee worked at the Monetary Authority of Singapore and has handled various roles including enforcement, investigating and prosecuting market abuse and mis-selling, and financial market strategy development.

Sinyee is admitted to practice law in Singapore, Hong Kong, England and New York. She also speaks English, Mandarin, Cantonese, Hokkien, Japanese and French.

Gary Soh joined Nexus in August 2015 as Chief Compliance and Operations Officer of Nexus Financial Services Pte Ltd, Singapore. Prior to Nexus, he was Head of Compliance with Transamerica’s Singapore Branch. Gary has worked in the Singapore Civil Service for 9 years, followed up with 16 years of industry experience in various roles relating to Compliance, Financial Crime and Operations Risk. He has professional qualifications from the International Compliance Association (Anti-Money Laundering and Compliance Management) and Wealth Management Institute (HNW Relationship Management).

Mr. Vincent Koo joined BNP Paribas Wealth Management Asia Pacific in September 2011 as Regional Head of Wealth Management Compliance. Prior to joining BNP Paribas Wealth Management, Vincent worked for various international institutions in audit and compliance roles including Deloitte & Touche, Hang Seng Bank, UBS, Citibank and most recently RBS Coutts. 

Arijit Chakraborty is SVP & Chief Legal and Compliance Officer and member of the Senior Leadership Team of Manulife Singapore. His main responsibility is to head and supervise the Legal and Compliance functions by working closely with the company's management, other business units and regulators. He is also the Company Secretary and Data Protection officer of Manulife Singapore.

Arijit is a senior executive with a proven track record who is well-regarded in the Singapore insurance industry. He possesses significant experience in handling legal, compliance and regulatory matters in the financial and investment space.

Before joining Manulife, Arijit was the General Counsel and Executive Committee Member for one of the largest European insurers in its Singapore office. Prior to that, Arijit has also held leadership and senior-level roles with other top-tier insurance companies. He started his career in Singapore as a lawyer specialising in merger and acquisition transactions at Temasek Holdings and came from a litigation background in India.

Arijit has recently been recognized as Top 40 lawyers under 40 in Asia by ALB Magazine.

Arijit holds a Master degree in International Business Laws (LLM) from National University of Singapore and a double Bachelor's law degree (BSL, LLB) from Pune University, India.

Etienne Billaud is a Swiss national (Singapore PR) with more than 15 years of background & experience in Private Wealth Management.

He first started his career in the financial industry in 1996 as a Client Advisor for Corporate Clients at UBS (ex-SBC) and Credit Suisse in Lausanne, Switzerland, and moved on to Pictet & Cie in Geneva, Switzerland, where he was actively involved in private wealth management activities. In 2006, he had the opportunity to move to Singapore with Bank Pictet & Cie (Asia) Ltd., where he headed up the Independent Asset Managers Department and was responsible for developing its business in Asia.

He later joined Bank of Singapore Limited in a similar role as the Head of External Asset Managers (EAM) International Markets Desk, to develop the EAM business in Singapore, Hong Kong and other major cities, before moving on to Vahoca Pte Ltd (a Private Wealth Manager) in 2012 as the CEO. He joined SingAlliance Pte Ltd in 2016.

Etienne holds a Swiss Federal Post-graduate Diploma in Banking and Economics from ISFB – Institut Supérieur De Formation Bancaire.

With a background in many different aspects of wealth management, Steven Seow was appointed Mercer's head of wealth management in Asia in October 2013. Although based in Singapore, he travels extensively to work with the firm's financial institution client base across Asia. Prior to joining Mercer, Steven was director of banking and wealth management at Ernst & Young Advisory in Singapore for just over five years, offering private and retail banks in Asia business advisory services in investment suitability, product development and business operations controls. His has also worked in Citi Private Bank, IBM Business Consulting, PricewaterhouseCoopers Consulting and Odyssey Financial Technologies.

Douglas is the Head of Compliance for Equiom. He advises on Compliance and on Anti Money Laundering and Countering Financing of Terrorism matters. Prior to entering the compliance field, he has experiences in Loan Operations, Transaction Banking, Operational Risk and Corporate Banking Services including servicing of small and medium enterprises and institutional banks. Thereafter he acquired 3 years of experience in Compliance by taking up the role of Compliance and Money Laundering Reporting Officer in various financial institutions before joining the Group. Douglas holds a degree in Banking and Finance from University of London and a Diploma in Compliance from International Compliance Association.

Michael has an extensive background in financial services in Asia, Europe and North America. He has been in Asia-Pacific since 1995 – first in Hong Kong for six years, then in Sydney and Singapore, returning to Hong Kong in 2007. Before setting up Hubbis in early 2009, Michael founded Pacific Prospect in 2002 and sold it to global business-to-business publisher Incisive Media in 2006, continuing to serve as Chief Executive Officer until October 2008. Prior to Pacific Prospect, Michael worked for nine years in financial markets publishing. He joined Euromoney Publications in 1993 as the publisher of a quarterly magazine, International Bond Investor. In 1995, Michael joined Thomson Financial Services (now Thomson Reuters) to conceive and launch Finance Asia magazine. While he was Managing Director of Finance Asia, Michael also started the Asian Debt Review, Asian Private Capital Magazine and started the Finance Asia Conference Business. In 1997, Michael founded FIA Limited. Born in North Wales, Michael was head boy of St David’s College Llandudno. He has a degree in Business Administration from Cardiff University. And is married with three children - Reanna, Garett and Tarryn.

Mark Büsser studied Aeronautical Engineering at the ETH (Federal Institute of Technology, Zürich, Switzerland) and holds an MBA from IMD. He started his career in management Consulting, then led a big machine tool company before founding IMTF group, which he has successfully built up and managed for over 29 years to become a market leader in administrative process automation (Onboarding, Client Life cycle management, loan origination, etc.)  Content Management and Compliance in Switzerland and over 50 countries.

Gary is responsible for business development and sales for the ASEAN region. He has extensive experience  working with multiple financial institutions, as well as in the government sectors.

As a regional manager, he oversees a team in Singapore and is a core member of the Financial Services Sector Group within Bureau van Dijk.

Michael has an extensive background in financial services in Asia, Europe and North America. He has been in Asia-Pacific since 1995 – first in Hong Kong for six years, then in Sydney and Singapore, returning to Hong Kong in 2007. Before setting up Hubbis in early 2009, Michael founded Pacific Prospect in 2002 and sold it to global business-to-business publisher Incisive Media in 2006, continuing to serve as Chief Executive Officer until October 2008. Prior to Pacific Prospect, Michael worked for nine years in financial markets publishing. He joined Euromoney Publications in 1993 as the publisher of a quarterly magazine, International Bond Investor. In 1995, Michael joined Thomson Financial Services (now Thomson Reuters) to conceive and launch Finance Asia magazine. While he was Managing Director of Finance Asia, Michael also started the Asian Debt Review, Asian Private Capital Magazine and started the Finance Asia Conference Business. In 1997, Michael founded FIA Limited. Born in North Wales, Michael was head boy of St David’s College Llandudno. He has a degree in Business Administration from Cardiff University. And is married with three children - Reanna, Garett and Tarryn.