Dubai, UAE, November sixth, 2024, FinanceWire
1inch is happy to announce the appointment of Hedi Navazan as 1inch Group’s new Chief Compliance Officer. With a distinguished profession spanning each the general public sector, digital belongings and conventional finance, Hedi brings a wealth of experience in permissionless safety and regulatory compliance and combating monetary crime, reinforcing 1inch dedication to authorized integrity, principled compliance and strong governance.
“1inch locations a robust emphasis on person safety, constructing shopper belief and creating an enduring impression within the Web3 area,“ says Sergej Kunz, 1inch co-founder. “A robust basis begins with a tradition of safety, compliance and a dedication to doing issues the best method. We’re thrilled to have Hedi on board, as her decade of expertise and eager perception into evolving regulatory developments shall be invaluable to our continued development and long-term success.”
“On this panorama, my position as a compliance and coverage chief may be instrumental in bridging the hole between DeFi protocols and regulators,” feedback Hedi. “By proactively participating with policymakers, I may help educate them on the advantages of DeFi and advocate for frameworks that encourage innovation whereas defending customers. I can contribute to creating trade requirements and greatest practices that align with regulatory expectations with out compromising on the decentralized ethos of DeFi.”
“This strategy will assist form insurance policies that help the sustainable development of DeFi whereas addressing systemic dangers, thus constructing belief and making certain the ecosystem’s long-term viability,” she provides.
Hedi’s management shall be key to guiding the 1inch Group alongside a sustainable and accountable path for future development. Hedi brings a wealth of expertise from a cross-continental profession in conventional finance and banking, having labored with international establishments like HSBC, the place she managed monetary crime and regulatory groups throughout Europe.
She additionally serves as Vice Chair of the Digital Asset Process Power for the World Coalition on Preventing Monetary Crime, based by the World Financial Discussion board. As a distinguished advocate for public-private partnerships within the digital asset area, Hedi has collaborated intently with Europol and Interpol and has been appointed as a digital asset professional for the UNODC and OSCE, advising and educating regulatory our bodies and member states on creating strong regulatory frameworks for the digital asset sector.
In her new position, Hedi will oversee a joint authorized, safety and compliance staff in navigating the quickly evolving regulatory panorama. The staff is comprised of a devoted taskforce of authorized and safety counsels who cowl a big selection of world authorized points and topical analysis, in addition to a flexible safety and compliance perform together with: a permissionless safety, a regulatory compliance perform taking care of licensing and registrations issues throughout jurisdictions and adherence to native necessities; a world compliance staff of Cash Laundering Reporting Officers; and specialists in compliance operations specializing in a secure and accountable consumer onboarding course of together with rigorous compliance controls all through the person lifecycle.
About 1inch
1inch is revolutionizing the world of decentralized finance by offering customers with the very best crypto buying and selling expertise. Past being the highest platform for low-cost, environment friendly token swaps, 1inch presents a variety of modern instruments, together with a safe crypto pockets, a portfolio tracker for managing digital belongings, a developer portal to construct on its cutting-edge expertise, and even a debit card for simple crypto spending. By repeatedly pushing the boundaries of innovation, 1inch is simplifying DeFi for everybody – whether or not a person is a crypto whale or simply getting began – serving to to form the way forward for finance.
Contact
PR lead
Pavel Kruglov
1inch Labs
[email protected]
