XTB UK Appoints Suraj Patel as Head of Compliance
- Patel will act as the primary contact for the FCA and other relevant authorities.
XTB UK, the FCA-regulated arm of Publicly listed Polish FX and CFDs brokerage XTB, has appointed Suraj Patel to the post of head of Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term, following a career of over ten years in the financial industry.
Suraj will lead XTB compliance team across Europe, where he will be tasked with ensuring adherence to the relevant rules, regulations, and guidelines by which the firm is bound. Given the increasingly global nature of the business and a regulatory landscape that is constantly evolving, this is a greater challenge now than ever before.
According to his LinkedIn profile, Patel act will as the primary contact for the FCA and other relevant authorities. He will also oversee the firm’s transaction and trade monitoring program, and any resulting investigations of suspicious transactions/orders including the submission of reports to regulatory bodies (FCA, NCA, etc.).
Prior to joining XTB UK, Patel worked in a senior level role at LAND-FX UK, a Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term in the institutional brokerage industry across FX/CFD marketplaces.
Previous landing spots also include working as Compliance Manager & MLRO at Spread Co Ltd, part of a lengthy career dating back to 2012. He also served as Sales and Marketing Executive at The Stress Management Society, in addition to several positions in all of which he held senior or executive level roles across a lengthy career in the financial services industry.
XTB UK, the FCA-regulated arm of Publicly listed Polish FX and CFDs brokerage XTB, has appointed Suraj Patel to the post of head of Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term, following a career of over ten years in the financial industry.
Suraj will lead XTB compliance team across Europe, where he will be tasked with ensuring adherence to the relevant rules, regulations, and guidelines by which the firm is bound. Given the increasingly global nature of the business and a regulatory landscape that is constantly evolving, this is a greater challenge now than ever before.
According to his LinkedIn profile, Patel act will as the primary contact for the FCA and other relevant authorities. He will also oversee the firm’s transaction and trade monitoring program, and any resulting investigations of suspicious transactions/orders including the submission of reports to regulatory bodies (FCA, NCA, etc.).
Prior to joining XTB UK, Patel worked in a senior level role at LAND-FX UK, a Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term in the institutional brokerage industry across FX/CFD marketplaces.
Previous landing spots also include working as Compliance Manager & MLRO at Spread Co Ltd, part of a lengthy career dating back to 2012. He also served as Sales and Marketing Executive at The Stress Management Society, in addition to several positions in all of which he held senior or executive level roles across a lengthy career in the financial services industry.