Skilling Onboards Judita Simkeviciute as Group Compliance Head

Skilling, a broker offering forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFDs trading services, has strengthened its leadership team with the latest appointment of Judita Simkeviciute as Global Head of Compliance.

Announced on Thursday, the appointment came as the broker is focused on expanding into new markets. Also, focusing on compliance comes as a part of its strategic and growth-oriented goals.

Simkeviciute will be responsible for overseeing compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term of the broker’s global operations. She will report directly to the CEO of Skilling Group, Michael Kamerman.

“I’m delighted to join Skilling at such an exciting time for the group, and to play a key part in offering Skilling's services to more customers and markets,” said Simkeviciute.

“Skilling has been on an impressive growth trajectory over the last two years, and I look forward to utilizing my experience to help deliver the next phase of Skilling’s ambitious growth strategy.”

Strong Background in Compliance

Simkeviciute brings a strong background in regulatory compliance to her new role. In her professional career, she worked with several trading brands, overseeing their compliance efforts.

Before joining Skilling, she was Head of compliance and MLRO for Equiti Group, another broker with a global presence. Moreover, she had a year-long stint with StoneX Retail (then GAIN Capital) as the Director of Compliance.

In addition, she spent some time with GKFX and Interactive Brokers in compliance-related roles.

“Appointing Judita as Global Head of Compliance represents a significant milestone for Skilling as we continue to scale up our operations and enter new markets,” Kamerman said.

“Judita brings significant prior experience of overseeing compliance teams within several well-established brokers, which will be invaluable in helping to future-proof our business while solidifying Skilling’s position as a reputable and trusted broker worldwide.”