Minakshi Yerra is Chief Compliance Officer (board-appointed BSA & OFAC Officer) at Ripple.
She has over 20 years of International Banking, Fintech, Payments, and Cryptocurrency
experience, specializing in the areas of Anti-Money Laundering (AML), Economic Sanctions,
Counter-Terrorism Financing (CTF), Fraud, Trade Finance, and General Compliance.
...
She specializes in developing Financial Crime Compliance (FCC), Licensing Compliance, and
General Compliance programs, policies, procedures and developing internal controls for
Banks, Fintechs, Non-Bank Financial Institutions, and Cryptocurrency companies. Having
served as Manager of the Financial Intelligence Unit (FIU) and Deputy U.S. Head of Economic
Sanctions Investigations at HSBC Bank while the Bank was under a Department of Justice (DOJ) deferred prosecution agreement, she handled multiple high-profile FIU investigations
and sanctions breach cases; conducted large-scale transactional lookbacks; provided
sanctions advisory to U.S. and non-U.S. business units on complex FCC matters; drafted
quarterly reports of HSBC’s potential sanctions evasion cases to the DOJ, District Attorney of
New York and the Securities and Exchange Commission.
Minakshi’s most recent work includes scaling compliance programs for complex
cryptocurrency and payments products, implementing new technology to mitigate AML and
sanctions risks when moving funds cross-border using distributed ledger technology,
developing FCC roadmaps for the licensing compliance team across various jurisdictions, and
advising business teams on new product launches. She also oversees vendor risk
management, third-party & counterparty risk, business continuity & disaster recovery, and
conflicts of interest program.
Before Ripple, Minakshi worked at HSBC, Wells Fargo and LendingClub. Minakshi holds a
Master of Laws degree specializing in International Banking & Finance from Queen Mary
University of London. She is a Certified Anti-Money Laundering Specialist (CAMS) and a
Certified Forensic Accountant (Georgetown University). She is passionate about crypto and
speaks at various cryptocurrency conferences, discussing emerging AML and sanctions
regulations and the new challenges impacting the crypto and blockchain industries.
Overview
As financial services explore ways to modernize the ecosystem and increase market competitiveness, they recognize the need to address critical needs: customer experience, local and global regulatory compliance, security, financial inclusion, etc.
Emerging Fintech and associated realms—cryptocurrency, blockchain, cloud banking, open banking, RegTech, etc.—are already expanding the scope of banking and financial services; however, a cohesive approach is essential to shaping a future- ready BFS industry.
For instance, digital wallets provide a fast and convenient way to access banking services while offering a secure and reliable experience. Digital payment processing through solutions like virtual card terminals and secure payment gateways offer flexible ways to customers and merchants. Similarly, blockchain-powered real-time gross settlement systems enable fast and affordable cross-border payments, allowing businesses to serve the global market through remittances, SME payments, etc.
This webinar provides insights into the role of banking, Fintech, and blockchain-led solutions in transforming and modernizing banking and financial services by serving critical use cases.
Takeaways
1. Major applications of a unified ecosystem comprising traditional banks, Fintech, and blockchain-led solutions: financial inclusion, cross-border payments, embedded finance, etc.
2. Addressing key challenges in banking and financial services: technology integration, cybersecurity, and customer experience.
3. Potential approaches to collaborating with regulators and policymakers in the banking and financial services industry.
Who Should Attend?
The webinar will provide valuable insights to chief compliance officers, chief digital officers, AML professionals, chief technology officers, BSA/AML/OFAC officers, and other professionals in banking and financial services.
Speaker Profiles
Minakshi Yerra
Chief Compliance Officer
Ripple
Matthew Haslinger
Chief BSA/AML/OFAC Officer
M&T Bank
Matt is an Executive Vice President and Chief BSA/AML and Sanctions Compliance Officer at M&T Bank in Buffalo, New York. He has over 19 years of experience in the anti-financial crimes space serving in various capacities including roles in operations, strategy and senior management in the financial services industry. ...
Matt’s areas of specialization include Legal and Regulatory Financial Crimes Compliance, US and International Sanctions, Criminal Investigation and Law Enforcement Engagement and related trial practice. Matt is a renowned business development professional.
Matt is also an experienced attorney, having served as a federal prosecutor and Senior Trial Attorney for the Money Laundering and Bank Integrity Unit with the U.S. Department of Justice. He holds a Doctor of Law (J.D.) focused in Criminal Law from George Mason University School of Law and is a Certified Anti-Money Laundering Specialist.
Matt’s areas of specialization include Legal and Regulatory Financial Crimes Compliance, US and International Sanctions, Criminal Investigation and Law Enforcement Engagement and related trial practice. Matt is a renowned business development professional.
Matt is also an experienced attorney, having served as a federal prosecutor and Senior Trial Attorney for the Money Laundering and Bank Integrity Unit with the U.S. Department of Justice. He holds a Doctor of Law (J.D.) focused in Criminal Law from George Mason University School of Law and is a Certified Anti-Money Laundering Specialist.
Carolyn Dicharry
Chief Executive Officer
Canaria
Carolyn is the Founder and Chief Executive Officer of Canaria, a consulting firm specializing in the development of regulatory compliance programs for Web3 firms. ...
She has over 18 years of experience in financial crime compliance, including in traditional finance and fintech settings, and has been in the crypto space for nearly a decade. Since founding Canaria in 2019, Carolyn and her team have helped design, implement, and enhance the compliance programs of top crypto firms, including Ripple, OKX, and NEAR.
She has over 18 years of experience in financial crime compliance, including in traditional finance and fintech settings, and has been in the crypto space for nearly a decade. Since founding Canaria in 2019, Carolyn and her team have helped design, implement, and enhance the compliance programs of top crypto firms, including Ripple, OKX, and NEAR.
Veronica Christy
Head of US Banking and Compliance
Anaptyss
Veronica is a seasoned compliance professional with 25 years of experience with mid-size
financial institutions, ranging from financial operations and client onboarding to remediation
efforts. She is a Certified Anti-Money Laundering Specialist (CAMS) and a Certified Global
Sanctions Specialist (CGSS)....
She brings vast experience in BSA/AML and Sanctions risk management, including Suspicious
Activity Monitoring, High-Risk Customer Management, Screening, KYC, Fraud, and Regulatory
Enforcement Actions. Additionally, her experience includes the implementation of RPA, ML,
and AI solutions.
For the past eight years, Veronica has been leading the development and implementation of effective and efficient BSA/AML/OFAC/FIU units with a focus on monitoring, investigating, and identifying potentially suspicious transactions and reporting to the Financial Crimes Enforcement Network (FinCEN).
For the past eight years, Veronica has been leading the development and implementation of effective and efficient BSA/AML/OFAC/FIU units with a focus on monitoring, investigating, and identifying potentially suspicious transactions and reporting to the Financial Crimes Enforcement Network (FinCEN).