Ishmael S. Dasilva

Background

About Ishmael S. Dasilva

I’m currently charged with oversight of second-line compliance in all regulated Citco entities in the Americas. I have strong knowledge of regulatory requirements and auditing/inspection techniques over a cross-section of financial service providers including banks, trust companies, hedge funds and mutual fund advisors. My main strength lies in my ability to find practical solutions to problems while maintaining a balance between business demands and regulatory requirements. I was most recently involved in creating the infrastructure to support Citco’s roll-out of its AML Officer service offering. This included the formulation of policies and procedures; risk assessments; formulation of AML Audit strategy; the build out of the reporting; and recruitment across the three regions. Before joining Citco, I was the Director, Compliance at DMS Governance with responsibility for reviewing and revamping the regional compliance structure and serving as liaison with the regulator. Prior to DMS, I achieved a proven track record in the formulation of new processes and the restructuring of existing ones at the Cayman Islands Monetary Authority, and was ultimately responsible for the redesign the Authority’s On-site inspection methodology, with the aim of enhancing the efficiency and effectiveness of the regulators approach. I am an Executive Member of the Cayman Islands Compliance Association. I am a Certified Public Accountant with the California Board of Accountancy, holding a MBA, as well as Bachelor Degrees in Accounting and Financial Management. Additionally, I have passed Level I in both the Chartered Financial Analyst qualification, as well as the Chartered Alternative Investment Analyst qualification. I am also fluent in Spanish.