INDOS Financial hires Head of Anti-Money Laundering Services

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Fund oversight and governance provider INDOS Financial, now part of JTC Group, has appointed Clay Dupuy to lead its expanding outsourced Anti-Money Laundering (AML) Officer team. 

Dupuy will operate from INDOS’s Ireland offices in Enniscorthy (Co. Wexford) and will be responsible for the teams which provide AML Officers to funds domiciled in the Cayman Islands, Ireland, and Luxembourg.

A graduate of the University of Florida, and of the Business Schools of the Universities of Dublin and Manchester, Dupuy was an AML specialist at BNY Mellon Fund Services (Ireland) until June 2019. He joins INDOS Financial from consultants KB Associates where he acted as Money Laundering Reporting Officer to a broad range of investment funds.

“Focus on anti-money laundering has grown rapidly over recent years with new and evolving regulations. The demand for expert and committed individuals to enable investment managers and funds comply with the requirements and appropriately manage their AML risk is significant,” says INDOS Financial CEO, Bill Prew. “INDOS is therefore delighted to be able to announce the appointment of Clay Dupuy whose extensive experience in this field will prove of immeasurable value to our investment management clients.”

The INDOS outsourced AML officer operation provides active hands-on support and oversight to fund managers and their funds and supports investment funds with over USD10 billion of assets. 

“I am excited to have been selected to head this key service line within INDOS,” says Clay. “Ensuring compliance with anti-money laundering regulations is a significant and growing area of focus within the global investment industry, and I look forward to making my contribution to ensuring efficient and effective support to the increasing number of INDOS clients who are facing this challenge.”