Ashok Bhat Email & Phone Number

United Arab Emirates

Dubai, United Arab Emirates

Dubai

  Responsible for successful completion of license application process and obtaining a Category 3C Branch license in the DFSA Sucessfully setup a Domestic Fund in the DIFC. Liaising with the DFSA, DIFC, internal departments and consultants to ensure setting up of systems and processes for the proposed DIFC entity Drafting of key policies and ensuring implementation and monitoring for the licensed activities of Fund Management, Asset Management, Arranging and Advising on Investments. Set up procedures and processes based on a risk-based controls approach

Difc, Dubai

 Vice President – Head Compliance & MLRO,  ICICI Bank Limited, DIFC Branch & UAE Representative Offices (Jun’09 till date) ICICI Bank Limited, QFC Branch (Jun’07 till date)Compliance Head Drafted and ensured effective implementation of various key policies for DIFC and QFC Branch Set up procedures and processes based on a risk-based controls approach  Conceptualised and implemented a compliance testing plan as a part of an elaborate Risk based Compliance Monitoring plan Regulatory and internal Reporting  Effectively co-ordinated with DFSA and QFCRA for all regulatory needs Creating awareness amongst staff through training and regular feedbacks Successfully handled various Risk Assessments for both DIFC and QFC BranchMLRO Designed and successfully implemented the AML policy for QFC Branch as per the AMLR Setup a transaction monitoring system in place  Regulatory and internal reporting Training staff on AML requirementsOther Responsibilities Ensuring Branch SOX compliance for the Branch Nominated as the Risk Manager of DIFC and QFC Branch

Acams, Anti Money Laundering Specialist

Caiib, Banking, Corporate, Finance, And Securities Law

Icwai, Cost Accountancy

Bcom, Accountancy & Economics