August’s AML Professional of the Month was awarded to Michel Farah, CAMS. Farah was recognized for his mentorship in the anti-money laundering (AML) field. Farah is a fintech and compliance entrepreneur and former compliance leader at Visa Inc. He is a Certified Anti-Money Laundering Specialist (CAMS) and an AML expert in the fintech and payment industries in the U.S., Europe, Middle East, Africa, the Commonwealth of Independent States, South Eastern Europe, Russia and Asia-Pacific regions. His expertise is in designing and implementing AML and counter-terrorist financing programs, anti-bribery corruption compliance, internal controls and enterprise risk assessment.
Currently, he runs a regulatory technology firm named ComplyTech KYC Solutions based in Lithuania, whereby he supports financial institutions in meeting the evolving regulatory requirements during the onboarding and monitoring stages.
He has engaged successfully with regulators and banking partners in many jurisdictions, educating them about the AML risk management and risk-based approach associated with different banking products.
During his career and numerous business travels across the globe, Farah has acquired a high level of multicultural skills and awareness, which helped him engage well with his audience and become a trusted mentor to a number of AML and compliance specialists.
Do you have a mentor who has actively influenced your anti-money laundering (AML) career path in a positive way? Does someone in your network exemplify excellence in AML? Recognize their commitment: Nominate them for ACAMS AML Professional of the Month.