SG Veteris, a global cryptocurrency-based fintech services group headquartered in London, has appointed Janika Vilms as the new Money Laundering Reporting Officer (MLRO) in Estonia.
Vilms is a veteran of the industry, boasting over 20 years of experience in the banking sector. She has previously worked with renowned organisations such as Danske and LHV. During her time at Danske, Vilms was responsible for the Anti-Money Laundering (AML) and Know Your Customer (KYC) standards, as well as the quality control system in Estonia and the Baltics. Most recently, Vilms led Risk Assessment at LHV, overseeing monitoring scenarios, onsite and offsite inspections, compliance audits, and internal AML standards.
Upon her appointment, Vilms said: “I’m excited for the opportunity to help strengthen SG Veteris’s AML compliance program in Estonia. I look forward to bringing my expertise to help bolster the team.”
Raul Malmstein, Managing Director of SG Veteris Estonia and former chairman of the Management Board of the Estonian Financial Supervision Authority (EFSA), commented: “I am thrilled to bring on someone of Janika’s caliber to spearhead our compliance capabilities in Estonia. She is a key hire, leading the team from strength to strength as we continue to build up our presence in the region. Someone with Vilms’ impressive credentials will solidify our position in the market and reinforce our commitment to meeting the highest of industry standards.”
SG Veteris provides cryptocurrency-based financial solutions to businesses, making it easy to access and use cryptoassets. Its flagship product, Bitpace, is an instant payment processing service that helps businesses accept payments in a range of cryptocurrencies for their products and services (www.bitpace.com). The company currently serves over 150 countries and operates five office locations.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.