HBUS, the strategic U.S. partner of crypto exchange Huobi, has roped in a former PricewaterhouseCoopers (PwC) executive to head its compliance division. HBUS on Thursday announced the appointment of Megan Monroe-Coleman as its chief compliance officer.
Monroe-Coleman will be responsible for the San Francisco-based crypto marketplace’s compliance functions and will implement a comprehensive framework for regulatory compliance and risk.
She had earlier worked at financial software provider Intuit as MTL compliance officer after it had acquired Mint, a web-based personal financial management service, where she also worked as a compliance officer.
“She has helped guide high-growth Silicon Valley tech companies, which is ideal for HBUS as we become the top digital currency exchange in the U.S.,” HBUS CEO Frank Fu said in a statement.
Monroe-Coleman was responsible for developing and implementing the anti-money laundering (AML) compliance programs for Mint. She also spearheaded the money transmission licensing strategy for Intuit’s payments products.
Prior to her stint at Intuit, she spent over seven years at PwC, one of the Big Four auditing firms, and was employed as a director before finally leaving the professional services firm.
Monroe-Coleman’s profile boasts of more than 15 years of experience in compliance, particularly in fintech and financial services companies. She had earlier worked at UK-based Barclays Bank and PwC rival Deloitte.
“As a compliance professional in an industry that does not always embrace regulation, I’m excited to help HBUS lead the way amongst digital currency exchanges in the United States,” she stated.
HBUS had signed up as the exclusive strategic partner of Huobi, among the top crypto trading platforms, and its marketplace was launched back in June.
The fully-regulated platform, which caters to American customers, uses the same cold wallet technology, internal control processes and security practices as those deployed by Huobi.
Image via Wikimedia Commons
Join our Telegram group