Chief Executive Officer of the GSC, Mark Rutherford, said, “Delighted to announce we’ve appointed Nicola as my Deputy. Nicola has played a key role over the last year in strengthening the GSC’s AML/CFT oversight and will continue to drive forward initiatives to support the sector’s understanding of emerging risks. Her role will be key to strengthening the GSC’s focus on collaboration, using data and intelligence in coordination with other agencies to prevent criminals from exploiting the sector or the jurisdiction.”
Nicola Libreri has been with the GSC since 2018, with her recent role encompassing oversight of the GSC’s newly created AML/CFT Division tasked with Inspections, Enforcement, Policy and Outreach. Under Nicola’s watch, the GSC have made significant investments into strengthening AML/CFT training and experience, building new standalone teams dedicated to improving compliance across the sector through outreach, remediation and, where necessary, proportionate sanctions. Bringing a wealth of knowledge to her new role, Mrs. Libreri holds an ICA Diploma in AML/CFT, ICA Diploma in Governance, Risk and Compliance and is blockchain analysis trained.
Mrs. Libreri has a wealth of experience in delivering outreach on AML/CFT to industry professionals and peers; from sitting on international regulatory panels, to presenting and hosting forums, and delivering specialist training regarding ML/TF/PF on the Isle of Man and internationally. More recently working with the Council of Europe in Serbia to deliver training on strong AML/CFT regulatory frameworks. These skills will be vital in promoting the Island-wide commitment to transparency and cooperation in the fight against financial crime.
CEO Mark Rutherford continued, “Looking forward to Nicola using her AML/CFT knowledge to further advance changes to the GSC’s AML/CFT supervisory framework to meet emerging threats and challenges.
Mrs. Libreri’s expertise and contribution to AML/CFT are integral to upholding the GSC’s reputation as a world-class regulator and steering the GSC’s supervisory actions to keep in line with the international AML/CFT standards for combating financial crime on a global scale.