Mr. Vlad Karols

MBA, CIA, Int.Dip(AML), Chief Compliance Officer

Vlad Karolsis an audit and compliance professional with a variety of expertise in internal auditing, anti-money laundering and regulatory compliance. He possesses experience in various industries that include financial services, FinTech and virtual financial assets service providers.Vlad holds a Master’s Degree in Finance and has started his career in accountancy which subsequently evolved into tax consultancy and auditing.

For two years, he has worked in the Ministry of Finance of Latvia coordinating the government’s interaction with international financial institutions like The World Bank, International Monetary Fund and European Investment Bank.

Vlad worked as Head of Internal Audit in a compliance consultancy company. He was coordinating the internal auditing service line and was serving as an outsourced Chief Audit Executive for entities belonging to financial services and other regulated industries. He is approved by the Malta Financial Services Authority (MFSA) and the Malta Gaming Authority (MGA) for holding the key functions of Internal Auditor and Compliance Officer in regulated entities. Currently, Vlad is holding a position of Compliance Officer in a Class 4 virtual financial assets service provider (“crypto exchange”) licensed in Malta.He was coordinating the internal auditing service line and was serving as an outsourced Chief Audit Executive for entities belonging to financial services and other regulated industries. He is approved by the Malta Financial Services Authority (MFSA) and the Malta Gaming Authority (MGA) for holding the key functions of Internal Auditor and Compliance Officer in regulated entities. Currently, Vlad is holding a position of Compliance Officer in a Class 4 virtual financial assets service provider (“crypto exchange”) licensed in Malta.

Throughout his career, Vlad carried out internal audits of corporate governance, enterprise risk management, anti-money laundering, general regulatory compliance and quality management.

In 2015 he obtained a Diploma in Quality Management from the British Standards Institution (BSI), in 2020 - the International Diploma in Anti-Money Laundering from the International Compliance Association (ICA) and in 2021 - the Certified Internal Auditor certification from the Institute of Internal Auditors (IIA)