Nassos Paltayian, CAMS—Nicosia, Cyprus

Nassos Paltayian is the head of compliance at Abacus Limited. He began his career in 2005 with PwC as an auditor in financial services. In 2008, he qualified as a chartered accountant with the Institute of Chartered Accountants in England and Wales and became a member of the Institute of Certified Public Accountants in Cyprus (ICPAC). In 2009, he joined Abacus Limited working in international business services and had a significant role in some major merger and acquisition deals. He also acted as secretary for the Cyprus Stock Exchange and the Securities and Exchange Commission Committee of ICPAC.

In 2014, he was transferred to the Compliance Department of Abacus, undertaking the task to update and monitor the compliance system of the firm with anti-money laundering (AML) and counter-terrorist financing (CTF) legislation and directives. His functions also cover international sanctions, training, internal audit, FATCA, CRS and ISO 27001 compliance matters. During 2014, he became an ACAMS member and has been CAMS certified since March 2015. Currently, he is the co-chair of the ACAMS Cyprus Chapter and vice chairman for ICPAC’s Compliance Committee. Paltayian is also leading module 7 (DNFBP) of the National Risk Assessment, a high profile project performed by the Central Bank of Cyprus and the local financial intelligence unit, in coordination with the World Bank. He also participates in the Compliance Committee of the Cyprus Fiduciary Association and actively seeks to increase public awareness regarding AML and CTF matters.

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