LeapRate Exclusive… LeapRate has learned that FCA regulated retail FX and CFDs broker GKFX has continued to reshape is management team, adding noted compliance expert and consultant Mazhar Manzoor as the company’s new Compliance Director and Money Laundering Reporting Officer (MLRO).
Mazhar Manzoor, GKFX
Mazhar Manzoor has spent the past 15 years as a compliance consultant to financial institutions in the UK, and has worked with a number of companies in the Retail and Institutional FX sector.
The move comes after other changes in GKFX’s management and director suite. As we also exclusively reported in April, GKFX CEO Brian Myers decided to resign from the company, and joined rival Divisa/Equiti Group as UK CEO. The company then hired Rob Woolfe, co-founder and CEO of UK/Cyprus spreadbetting firm Capital Index.
And more recently, we exclusively reported that Marcus Scarlett replaced Nick Beecroft as Chairman of GKFX.
GKFX provided LeapRate with the following statement on the matter:
Mazhar takes up his new role as Compliance Director and MLRO of GKFX having spent over a decade in the industry.
Since managing the project to get ACM Group FCA authorised in 2006, he has taken many CFD firms through the authorisation process including Tradetech Alpha, Tickmill, Delta Financial Markets, ICM Capital, Finotec Trading, Electronic and Voice Foreign Exchange (EVFX). He is a Chartered Accountant from KPMG and has operated at Head of Compliance and MLRO level in FX/CFD firms as well as Banks , Lenders, Insurance firms and investment managers.