Binance Broadcasts Former Coupang Head of Anti-Cash Laundering and Sanctions Compliance Chagri Poyraz as International Head of Sanctions By DailyCoin

Binance, the worldwide blockchain ecosystem behind the world’s largest cryptocurrency trade, in the present day introduced that its Director of Sanctions Compliance Chagri Poyraz has been promoted to International Head of Sanctions since becoming a member of in early January. In his present place, he’s answerable for making certain all Binance meets and maintains full sanctions compliance globally in addition to constructing strong sanctions management frameworks much like conventional banks.

Poyraz has over 17 years of expertise in compliance, technique, intergovernmental liaison and threat administration. This consists of designing subtle strategies and packages to forestall, detect and report sanctions evasion makes an attempt and cash laundering schemes, notably within the conventional monetary sector.

Earlier than Binance, Poyraz led the Anti-Cash Laundering (AML) and Sanctions packages at South Korea’s largest on-line market Coupang, in addition to third-party threat administration, onboarding, know your buyer (KYC), buyer due diligence (CDD), enhanced due diligence (EDD), third celebration screening and sanctions compliance. He additionally constructed their monetary crime compliance program, and developed the mandatory threat controls for the corporate’s itemizing on the New York Inventory Trade (NYSE).

At HSBC, Poyraz was answerable for sustaining its sanctions program, adhering and observing sanctions imposed by the United Nations, European Union, United States, Canada and United Kingdom, appearing as the danger steward for sanctions. His remit included regulatory engagement, enterprise-wide threat assessments and overseeing achievement of a deferred prosecution settlement.

With the worldwide compliance crew persevering with to develop its management and crew to strengthen responsiveness to dynamically altering and growing regulatory environments. He hopes to proceed bringing his former expertise at conventional monetary establishments to this new and rising trade.

“International safety takes a concerted effort. For greater than a decade I’ve been strategizing collaborative packages that may successfully navigate complicated sanctions regimes. Digital belongings maintain nice potential and its adoption means we should come collectively to make sure resiliency towards outdated and new threats. I’m proud to hitch and contribute my expertise to a corporation that’s setting trade compliance requirements and my purpose is to use and remodel my experiences within the conventional monetary sector to the way forward for finance…blockchain,” stated Poyraz.
Poyraz began his profession in Brussels advocating for world safety and human rights, working with numerous European Parliament committees and delegations. He was a Everlasting Consultant for the United Nations Financial and Social Council in Geneva, publicizing studies and resolutions, significantly in relation to battle decision and took part in working teams in coordination with United Nations AML and anti-terrorist financing investigative groups.

Poyraz is a member of the Affiliation of Licensed Anti-Cash Laundering Specialists and the Affiliation of Licensed Sanctions Specialists. He holds a B.A. diploma in world research from Vancouver Island College in British Columbia, Canada, and likewise studied laptop engineering and knowledge science.

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