Toronto, Canada (June 27, 2024) – Today, The AML Shop announces the further expansion of their Partner program through the appointment of Mark Ambrose as Principal, Anti-Financial Crime and Regulatory Compliance.
Mark joins The AML Shop now as a Principal and Owner from his previous role of Senior Advisor, Financial Crime and Regulatory Compliance (The AML Shop). This move comes in parallel with the firms’ rapid growth within the banking, securities and mortgage sectors.
Mark brings over 3 decades of experience in managing compliance risk holistically and comprehensively both internationally and in Canada for financial institutions, securities dealers and mortgage lenders. He has also successfully led consulting on complex Financial Institution FINTRAC examinations outcomes and challenging remediation projects.
This exciting organizational change comes at the helm of the expansion and success of The AML Shop’s evolution in the AML, counter-terrorist financing, sanctions compliance, and risk management space. Since The AML Shop’s inception in 2016, the firm has served hundreds of clients across Canada and abroad, and expanded its team to 50 AML professionals, rapidly becoming Canada's leading business solution for AML compliance matters.
Bringing in its key employees as part of its new broader management structure, The AML Shop is strengthening its commitment to client service excellence, continuity, and subject matter specialization. In 2022, The AML Shop announced their first Principal expansion through the appointment of Marcelle Dadoun (Principal, Program Design and Advisory/Retail Payment Activities Act), Adam Feldman (Principal, Risk Management and Technology) and Marie Noel (Principal, Outsourced Services and Investigations).
“We are thrilled to announce Mark’s appointment as a Principal of The AML Shop, a proven leader across governance, risk and compliance fields in financial services. Mark is gifted at understanding people, organizations and problems which enables his development and management of thoughtful and informed solutions. His addition to our leadership team is a step forward to drive our growth as the AML shop of choice, with our continued expansion into broader areas of compliance, and to help super-serve our clients”. Monika Cywinska, Managing Director of The AML Shop.
