Escrow.com Steps Up Anti-Money Laundering Compliance Program With Former HSBC VP’s Appointment

By December 13, 2018 Aftermarket No Comments

Escrow.com has appointed former HSBC Vice President, Senior Manager Regional Regulatory Compliance Officer – West Coast, Fereba Ashufta, to lead its Anti Money Laundering Compliance Program.

Ashufta joins Escrow.com as BSA / AML Compliance Officer from HSBC, where she provided guidance in an advisory capacity to the Retail Banking and Wealth Management segment of the global banking and financial services firm.

Based in San Francisco, California, Ms Ashufta’s new appointment sees her spearhead Escrow.com’s Anti Money Laundering Compliance Program, while playing an integral part in the effective management of Escrow.com’s regulatory relationships and obligations.

“As a market-leading escrow service provider across the United States and further afield, regulatory oversight plays an essential role in our business and the assurance we continue to offer to our customers and marketplace partners,” said Jackson Elsegood, General Manager of Escrow.com.

“Fereba’s experience in the financial services sector combined with her deep knowledge of the regulatory compliance landscape makes her a great fit for Escrow.com and will help to bolster our core offering while further building the trust we have spent years earning from our customers.

“We’re all very pleased to welcome Fereba to the Escrow.com senior management team. We look forward to working together with Fereba to continue building Escrow.com and further underpin the assurance and security Escrow.com and its suite of services offers businesses and individuals in the US and around the world,” Mr Elsegood said.

Ms Ashufta brings 15 years of banking experience with her to Escrow.com, along with a law enforcement and public safety background. In 2017, Ms Ashufta was nominated to attend the 8th Annual San Francisco Women in Leadership Symposium, hosted by the National Diversity Council.