Shahid Mahmood

Shahid Mahmood is a highly accomplished compliance and financial crime specialist with proven expertise in regulatory advisory, AML/CTF frameworks, and operational resilience across global financial markets. He is widely recognized for advising Money Service Businesses (MSBs), Small & Authorized Payment Institutions (SPIs/APIs), fintechs, digital asset firms, and neo-banks on complex licensing, AML, and compliance requirements in the UK, USA, Canada, Australia, Singapore, and the UAE.

Academic & Professional Qualifications

• MBA, Anglia Ruskin University, UK
• FCCA, Fellow Member – Association of Chartered Certified Accountants (ACCA)
• ACA, Associate Member – Institute of Chartered Accountants in England & Wales (ICAEW)
• CAMS, Certified Anti-Money Laundering Specialist (ACAMS, USA)

Professional Journey

Currently Compliance Manager at ABM Global Compliance UK Limited, Shahid brings 10+ years of experience in finance, audit, and regulatory compliance.

• Deloitte (Former Auditor & Risk Management Supervisor): Strengthened governance, audit, and regulatory assurance expertise.
• 6+ years in compliance consultancy: Supporting financial institutions across multiple jurisdictions.
• ABM Global Compliance: Specialist in licensing, audits, and ongoing compliance for e-money, payments, remittance, consumer credit, and MiFID investment firms.

Licensing & Regulatory Coverage:

• UK – FCA SPI/API licensing, HMRC MSB registration
• USA – FinCEN MSB registration, State MTLs
• Canada – FINTRAC MSB registration, Bank of Canada PSP application
• Australia – AUSTRAC licensing (remittance & digital currency exchange)
• Singapore – MAS licensing under Payment Services Act
• UAE – CBUAE licensing (exchange houses & payment services)

Regulatory Expertise

Extensive working knowledge of international financial crime compliance frameworks:

• FATF Recommendations (Global)
• JMLSG Guidance (UK)
• FCA Handbook & Payment Services Regulations (UK)
• UK Money Laundering Regulations 2017 & CTF Act 2008
• GDPR 2018 (EU/UK)
• FINTRAC Regulations (Canada)
• AUSTRAC AML/CTF Act (Australia)
• MAS Payment Services Act (Singapore)

Key Achievements

• Conducted independent compliance audits for regulated firms.
• Designed and implemented risk-based AML/CTF frameworks for MSBs, fintechs, and payment firms.
• Successfully led licensing applications across multiple high-regulation jurisdictions.
• Provided advisory on safeguarding, governance, and operational resilience in line with FATF and Central Bank requirements.