HONH KONG, April 20, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the addition of Senior Managing Director Jackie Yu and Managing Director Lilian Sin to the firm’s forensic financial crime compliance practice and litigation known advisory segment.
Mr. Yu, based in Shanghai, will lead the firm’s financial crime compliance practice in China, strengthening its presence and expanding its business in the country. Ms. Sin, who is based in Hong Kong, will assist in this effort, advising clients regionally on the increasingly complex issues surrounding US and international sanctions, as well as China’s own expanding sanctions regime.
Mr. Yu comes from Deloitte and brings experience in Anti-Money Laundering (“AML”), Sanctions Compliance, Fraud Investigations and Financial Technology. During his career, Mr. Yu has managed complex FCC risk programs for top tier financial institutions in China.
Before joining Deloitte, Mr. Yu was Head of AML Department at Bank of East Asia China. With his expertise in AML and sanctions compliance, the People’s Bank of China nominated him to be a member of the Financial Action Task Force (“FATF”) expert panel and participated in China’s fourth FATF Mutual Evaluation – an independent intergovernmental body that is developing and developing promotes policies to protect the global financial system from money laundering and terrorist financing. In addition, Mr. Yu regularly provides training for regulators and financial institutions on these topics. As an expert on China’s private sector, Mr. Yu also participates in FATF forums focused on formulating international standards.
Ms. Sin also joins FTI Consulting from Deloitte, where she led the firm’s mainland China financial crime compliance practice. Prior to Deloitte, Ms. Sin spent 16 years at HSBC where she held senior financial crime leadership roles including Head of Sanctions in Hong Kong, Regional Head of FCC Operations and Regional Head of FCC Program Change for the Asia Pacific region. Ms. Sin had full responsibility for the extensive Hong Kong office sanctions modification program in response to US regulatory obligations. She also led transaction monitoring and sanctions screening transformation programs for the Asia Pacific region and worked closely with the Hong Kong Monetary Authority as well as other key regulators in key markets on FATF recommendations.
“Both Jackie’s and Lilian’s appointments reflect our continued commitment to growing our practice in Asia and supporting our clients. The firm’s strengths allow us to attract leading professionals in the industry and these two additions are further proof of that,” said Rod Francis, head of financial crime compliance practice in Asia at FTI Consulting. “It is my pleasure to welcome them both to the firm as they will continue to enhance our ability to help our clients manage the risks inherent in their businesses, regulatory compliance in the context of a complex and evolving ensure the regulatory landscape and resolve regulatory queries. ”
FTI Consulting’s dedicated financial crime compliance practice is a core component of FTI Consulting’s full-service risk and investigation offering. The practice is led, managed and staffed by senior financial crime compliance professionals drawn from industry or consulting backgrounds. The team’s industry experts have designed, implemented and managed complex financial crime compliance programs at tier one banks and other organizations, often under direct regulatory oversight. FTI Consulting professionals with a consulting background are industry recognized with a proven track record of serving clients, both on a business and compliance level, often with the use of technology-enabled solutions. The practice is recognized for its credibility with banking and financial regulators and law enforcement agencies across Asia. The team provides practical regulatory insight and support, namely: advising on regulatory changes and how they impact clients’ businesses, managing relationships with regulators and interpreting regulatory expectations as they evolve.
About FTI Consulting
FTI Consulting, Inc. is a global management consulting firm specializing in helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political and regulatory, reputational and transactional. With more than 6,700 employees in 29 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and solve complex business challenges and make the most of opportunities. The company had revenues of $2.78 billion in fiscal 2021. In certain jurisdictions, the services of FTI Consulting are provided by different legal entities that are separately capitalized and independently administered. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
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