Carwyn specialises in supporting firms with their day-to-day compliance requirements. Following four years as a Director in our Dubai office, leading our Outsourcing Team, Carwyn relocated to our London office to take up the position of joint Managing Director, Consultancy.
Carwyn has been a compliance professional for almost 20 years. His early career involved a role as the UK Compliance Manager for the Global Financial Services BPO organisation, ICT Group, before working as a Compliance Officer for the regulator of the UK National Lottery. Carwyn was asked to rejoin ICT Group as European Compliance and Training Director, where he controlled a team of 180 staff across the UK, Ireland, Argentina and the Philippines, and developed the compliance framework to meet European regulatory requirements, particularly those of the FSA (now FCA).
In 2008, ahead of the financial crisis, Carwyn joined the FSA where he was a Banking Supervisor for an international bank with large banking operations in a high risk financial crime territory. In addition to his day-to-day supervision activities, Carwyn led the end to end authorisation process for a full service bank, with focus on governance, liquidity, risk management, financial crime control and outsourcing oversight. Carwyn also represented the FSA at cross governmental body fora, including international regulatory committees.
After leaving the FSA, Carwyn worked as a Senior Manager with Deloitte in London. In this role, he advised financial services organisations on a variety of regulatory risk areas. Carwyn has led work with investment banks, broker-dealers and asset managers in assessing the effectiveness of their compliance function and implementing his recommendations to strengthen compliance controls. He has also led a section 166 review on behalf of the FSA, assessing the adequacy of compliance and financial crime controls within a global broker-dealer. At Deloitte, Carwyn was responsible for devising and delivering annual in-house AML and risk training to 250 colleagues within the practice, including the Partner group, as well as providing new recruit training on AML and risk.
In 2013, Carwyn moved to Dubai to join CCL where he delivered consulting services to a number of Firms within the DIFC, and also Firms supervised by the UAE Central Bank. Carwyn frequently delivered AML and CTF training to DIFC authorised firms, as well as financial services companies across the GCC. Carwyn acted as the Compliance Officer/MLRO for 8 DFSA licensed firms on an outsourced basis, where he provided real-time regulatory advice and assurance to the Board of each firm. In April 2017, Carwyn returned to the UK where he assumed the position of joint Managing Director, Consultancy for our London office.