Brighty

Financial Crime

• Oversee the Company’s AML/CTF and sanctions compliance framework, ensuring it is robust, effective, and aligned with regulatory expectations
• Ensure implementation of MiCA (Regulation EU 2023/1114) and other applicable regulatory requirements
• Supervise and challenge the work of the Money Laundering Reporting Officer (MLRO)
• Ensure adequate resourcing, systems, and controls for AML/CTF compliance
• Represent the Company in interactions with regulatory authorities (e.g., Bank of Latvia, FIS)
• Ensure timely submission of regulatory reports and disclosures
• Regularly report to the Supervisory Board on AML/CTF risks, incidents, and regulatory developments
• Ensure proper implementation of risk appetite, policies, and internal procedures
• Oversee the integration of AML/CTF controls into the Company’s governance and risk management framework
• Ensure effective staff training and awareness programs in AML/CTF
• Maintain business continuity of AML/CTF monitoring and reporting processes
• Promote a strong compliance culture and ethical standards across the organization
• Ensure compliance with: Latvian AML Law, EU regulations (including MiCA), Internal policies and governance documents

AML Responsible Board Member