Piero Molinario, a senior advisor to K2 Intelligence’s Regulatory Compliance practice, has more than 25 years of experience advising on regulatory matters across all sectors of the financial services industry and beyond. He has assisted more than 50 financial institutions from the United States, Europe, and Asia on matters relating to financial crimes compliance—and in particular Anti-Money Laundering (AML), sanctions compliance, anti-bribery and corruption (ABC), and fraud prevention—including investigations, remediation, and operational change management.
Prior to joining K2 Intelligence, Piero spent five years as a consultant, advising senior management at financial institutions on sanctions risk assessments, sanctions investigations, and reporting to U.S. and UK authorities, as well as Target Operating Model redesign and global implementation. In doing so, he managed a portfolio of worldwide process- and technology-related projects and teams in the area of compliance. He also acted as an angel investor for promising Fintech companies that could benefit from the deep subject-matter expertise and industry contacts acquired over more than two decades of servicing financial institutions and their clients globally.
He has served as a partner and U.S. seconded partner for Deloitte Financial Advisory Services Spa where he provided clients comprehensive financial, economic, and strategic advice, with a focus on AML, counterterrorism financing (CTF), economic and trade sanctions, and tax avoidance matters. While there he led international engagements for financial institutions in Luxembourg, Netherlands, and Latvia, as well as in Italy, Germany, China, and Cyprus, related to AML, Know Your Customer (KYC), CTF, sanctions compliance investigations, anti-financial crime M&A due diligence, and foreign account tax compliance matters.
He served as executive director of Deloitte Financial Advisory Services LLP in New York, where he led numerous domestic and global AML/ETS related projects, conducted corporate fraud and Foreign Corrupt Practices Act (FCPA) compliance assessments and investigations, led technology and data analytics projects, participated in several Foreign Account Tax Compliance Act (FATCA) related matters, and acted as interim head of compliance for the New York branch of an Italian bank, as part of a secondment agreement. He began his career at JP Morgan & Co. Inc. as a business analyst with its Financial Management & Control Unit.
Piero is a graduate of New York University, where he earned his B.S., cum laude, in business administration. He has served as a board member of the Italy American Chamber of Commerce in New York, is a Certified Anti-Money Laundering Specialist, and has been a member of the Institute of Internal Auditors. Piero is fluent in English and Italian and has working knowledge of French.