Apex Group Expands Global Compliance Solutions to the U.S.

The expansion seeks to help address concerns about ESG, anti-money laundering and financial crime.

By DJ Shaw



Apex Group Ltd., a global financial services provider, has announced the expansion of its Global Compliance Solutions designed for U.S. investment advisers, led by Michael Barakat.

The expansion team seeks to provide clients with tech-enabled compliance and anti-money laundering solutions to help meet their operational and regulatory obligations across international financial hubs. The single-source solution 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 U.S. market will help to address clients’ risks and concerns around environmental, social and governance, 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 and sustainability compliance; technology enabled AML and due diligence services; compliance execution; and regulatory reporting services.

Global Compliance Solutions in the U.S. will be led by Barakat, who brings over 20 years of experience managing enterprise compliance programs and has formerly held the position of chief compliance officer. He joins following Apex Group’s acquisition of Sanne, where he was responsible for growing awareness of compliance services and designing and executing compliance programs for new and existing clients.

«