RAW Compliance Awards 2021
Ricardo Andrés Palacio Garcés named 'Rising Star of the Year' in the RAW Compliance Awards 2021
Ricardo Andrés Palacio Garcés is the Deputy Compliance Officer at Banco de la Producción S.A. Produbanco, and the youngest to achieve this position in the financial system in Ecuador. He specialises in regulatory compliance & U.S. Law, prevention of money laundering, financing of crimes such as terrorism, international sanctions, compliance management systems and anti-bribery management systems, among others. He is also a member of the Ecuadorian Lawyers Forum, Professional Associate of the World Compliance Association (WCA), among other organizations specialized in the fight against organized crime and crime prevention.
Ricardo and his team have a high responsibility and commitment in the prevention of money laundering and financing of crimes. They have implemented innovative mechanisms for managing the risk of money laundering, in addition to optimizing the information cubes that are used for reports to the Control Authorities. They are also implementing adequate mechanisms to improve the GINI indices, and the use of increasingly pure bases in the fight against the underground economy.
"Receiving this award represents a high commitment to excellence, with the public and with society. It is an honor to receive this prestigious international award, which encourages me to continue in this noble cause." - Ricardo Andrés Palacio Garcés
About the RAW Compliance Awards 2021
RAW Compliance Awards are held each year to recognise the people and organisations that have made a difference and impact in the community including helping to shape the industry ecosystem and maintaining the highest level of compliance standards through an ever changing and complex regulatory landscape. Each year, submissions are diligently evaluated and award winners selected by a panel of industry experts serving as judges.
The full list of award winners is available here.
Ricardo and his team have a high responsibility and commitment in the prevention of money laundering and financing of crimes. They have implemented innovative mechanisms for managing the risk of money laundering, in addition to optimizing the information cubes that are used for reports to the Control Authorities. They are also implementing adequate mechanisms to improve the GINI indices, and the use of increasingly pure bases in the fight against the underground economy.
"Receiving this award represents a high commitment to excellence, with the public and with society. It is an honor to receive this prestigious international award, which encourages me to continue in this noble cause." - Ricardo Andrés Palacio Garcés
About the RAW Compliance Awards 2021
RAW Compliance Awards are held each year to recognise the people and organisations that have made a difference and impact in the community including helping to shape the industry ecosystem and maintaining the highest level of compliance standards through an ever changing and complex regulatory landscape. Each year, submissions are diligently evaluated and award winners selected by a panel of industry experts serving as judges.
The full list of award winners is available here.