Michael Brevetta, Former Standard Chartered Head of Client Tax Information Compliance, Joins Pragma to Lead Regulatory Risk Practice

By
0
403

SINGAPORE, Nov. 19, 2021 /PRNewswire/ — Pragma announced that Michael Brevetta has joined the cybersecurity consultancy as its Head of Compliance, Conduct, and Regulatory Risk effective from 1st November 2021.

Michael Brevetta, Former Standard Chartered Head of Client Tax Information Compliance, Joins Pragma to Lead Regulatory Risk Practice
Michael Brevetta, Former Standard Chartered Head of Client Tax Information Compliance, Joins Pragma to Lead Regulatory Risk Practice

Brevetta brings over 18 years of experience as a lawyer and compliance professional focusing on financial services risk and regulation, Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) compliance, and tax information reporting and withholding.

Standard Chartered Bank benefited from his experience for four years; he led a Central Compliance team that ensured the bank’s global compliance with applicable tax transparency and automatic exchange of information regimes.

Prior to that, Michael led PwC Singapore’s US Regulations practice, advising financial institutions, including banks, insurers, and asset managers on large-scale regulatory implementation and operationalisation projects, including the Foreign Account Tax Compliance Act (FATCA) provisions, Common Reporting Standard (CRS), Volker Rule, and FATF recommendations on the treatment of tax evasion as a predicate offence to money laundering. Before joining Pragma, Brevetta was the Head of APAC Tax Reporting at a Swiss-based global bank.

At Pragma, Brevetta will take the lead by growing and overseeing Pragma’s Compliance and Risk Advisory team, supporting the needs of financial services organisations, including banks, asset managers, exchanges, insurance companies, and fintech companies.

“In just five years, Pragma’s Cyber Regulatory Risk work has accelerated tremendously, and having that additional depth and perspective in compliance advice for our global clients involved in adhering to technology risk requirements will be a major advantage for them in an increasingly complex and dynamic legal and regulatory landscape,” said Pragma Co-Founder Manish Chawda.

“Joining the leadership team at Pragma is an excellent opportunity to leverage my experience to support an organisation that is truly changing the cybersecurity space as it expands its compliance and regulatory risk advisory service offerings,” said Brevetta.

About Pragma

Pragma is a global Cyber Security and Regulatory Consulting firm that helps leading businesses, governments, and not-for-profit organisations strengthen cyber and regulatory resilience with a pragmatic approach.

Learn more about Pragma’s AML, CFT and KYC Compliance & Regulatory Risk Services

Donate To The Indian Sun

Dear Reader,

The Indian Sun is an independent organisation committed to community journalism. We have, through the years, been able to reach a wide audience especially with the growth of social media, where we also have a strong presence. With platforms such as YouTube videos, we have been able to engage in different forms of storytelling. However, the past few years, like many media organisations around the world, it has not been an easy path. We have a greater challenge. We believe community journalism is very important for a multicultural country like Australia. We’re not able to do everything, but we aim for some of the most interesting stories and journalism of quality. We call upon readers like you to support us and make any contribution. Do make a DONATION NOW so we can continue with the volume and quality journalism that we are able to practice.

Thank you for your support.

Best wishes,
Team The Indian Sun

Comments