Anti-Money Laundering & Counter Terrorist Financing

BARNES Monika

Monika joined IMBarnes consult in 2019 and provides directorships and consultancy for Investment funds, focusing on Luxembourg Market fund structures. She is a recognised market expert on AML compliance and as such is also able to act as MLRO (money laundering reporting officer).

Monika has worked for a variety of firms within both the German and Luxembourg market. She began her career in Frankfurt in 1986 at HSBC and subsequently joined Chase Manhattan Bank in Frankfurt where she gained expertise in the treasury and payments area as well as customer services functions.

Monika relocated to Luxembourg in 1999 and spent 7 years at Chase Manhattan Bank managing various teams in the Global Custody, Transfer Agency and AML compliance functions. Monika then specialised in AML compliance during 7 years at RBC Dexia and J.P. Morgan Investor services before joining Carne Management company as it set up its Luxembourg office.

Monika was responsible for compliance, in particular the AML and MLRO functions. She also held directorship positions with Luxembourg investment vehicles. Most recently Monika spent 3 years with Fidelity International in Luxembourg working on projects relating to their AML programmes. Monika has expertise in both regulated and unregulated structures covering both UCITS and AIFM fund types.

She has taught AML training for the Institute of Luxembourg directors (ILA) over the past 3 years and is a member of ALFI working group relating to AML. Monika holds the German Banking Diploma (Bankkaufmann) and spent several years at Johan Wolfgang von Goethe University in Frankfurt studying languages and literature. She is fluent in English, German, French and Luxembourgish.

COLLETTE Bastien

Bastien Collette joined Deloitte in 2016. He is a Partner in the Advisory & Consulting (AML/CTF) department and is an experienced specialist (more than 17 years) in Anti-Money Laundering, Know Your Client/Distributor, Counter-Terrorism Financing and Open-Source Intelligence. He has strong and wide experience within the Anti-Money Laundering both within public and private institutions. Bastien began his career working within the Belgian Secret Service on matters including money laundering, terrorism and terrorism financing, investigations, networking, etc. In 2011, Bastien has joined the private sector in Luxembourg, by setting-up and leading the Due Diligence Team (AML-CTF) within a Management Company (Schroders) and afterwards he was in charge of the Registrar (Transfer Agent) of Pictet (FundPartner Solutions). He is Certified Fraud Examiner (CFE), Private Detective-Fraud Expert in insurance and Open Source Intelligence (OSINT) certified. Bastien is a member of the ALCO and ALFI.