Caron Wallace, a senior audit manager with almost 30 years’ industry experience in financial services, has been promoted to Associate Director at PraxisIFM, based in Jersey.
Caron joined the firm in 2012 and will focus her attention on risk and regulatory changes.
She will oversee the internal audit team, which conducts client entity risk reviews, and help manage data protection issues and ensure compliance with FATCA and CRS onboarding and reporting.
Richard Kearsey, Managing Director of PraxisIFM Trust in Jersey, said: “Caron has increased her technical knowledge and implemented procedures so that the company can meet its reporting requirements.
"As our Data Protection Controller, in 2017 she will yet again have to increase her technical knowledge with the impending implementation of GDPR in May 2018.”