Danos Group
31 Jul

Do you have the resources to review and upgrade your AML systems and controls?

With increased reporting of criminal investigations and case outcomes related to planned or reported laundering operations, the Private Equity sector is under the regulatory spotlight.  

It was recently reported by the US Federal Bureau of Investigation (FBI) that firms in the Private Investment Funds industry are being used for laundering money at scale, according to a leaked intelligence bulletin prepared by the agency back in May. This leaked document reported cases from within the US, the Cayman Islands, Luxembourg, Mexico, Russia, and the UK.  

The UK Financial Conduct Authority’s (FCA) recent announcements indicate that Private Equity firms will see increased regulatory scrutiny. 

In relation to money laundering Private Equity firms with links to the UK face two key risks, these are within Fundraising and Transactional activities, these risks may give rise to criminal and or regulatory issues.  

In response Private Equity (and similar) firms will need to review and enhance their Anti-Money Laundering (AML) systems and controls. This may require increased hiring of permanent and interim resources to support this activity. 

As a leading supplier of compliance personnel to the financial services industry globally, we are extremely well-placed to find you the best permanent and interim candidates. 

If you would like to discuss you hiring needs, or a recent track record of our work conducted, please contact:

Ed Wacher (permanent)
Tel: +44 (0) 20 3889 5756
Email: ewacher@danosassociates.com

Katherine Lord (interim)
Tel: +44 (0) 207 010 1153
Email: klord@danosconsulting.com

24 Jun

As an organisation we are committed to Diversity and Inclusion (D&I). However, recent events have made us reflect on whether we are doing enough. Our existing approach to D&I has been largely focused on our global team, internal policies, and our external search practices.

We believe that equality is about creating a fairer society, where everyone can participate and has the opportunity to fulfil their potential. Diversity is about valuing the differences between people and the ways in which those differences can contribute to a richer, more creative, and productive working environment. Inclusion is about ensuring that nobody within the team is excluded, and great communication.

It is important that all our employees and those we place on behalf of our clients are treated equally and fairly, and without discrimination in terms of recruitment, remuneration, training and development, appraisal and promotion opportunities, regardless of race, gender, sexual orientation, religion, belief, age, marital status or disability.

We recruit for the financial services industry, a sector that has been focused on D&I for some time, when compared to other industries.  It is a requirement voiced by the vast majority of our clients during search briefings that we push the D&I agenda while executing searches on their behalf. Whilst this has been a focal point for some time, we realise we have the power as a recruitment company to actively influence the inflow of under-represented groups into the sector we service, thereby helping to advance the D&I agenda.  

The governance of the sector has a sharpened focus on D&I in its supervision of financial services firms. For example, the UK’s Financial Conduct Authority (FCA) makes a clear, intrinsic link between a lack of inclusive culture and non-financial misconduct. Changes in general workplace legislation is having a profound impact on firms; for example, the Supreme Court Of The United States (SCOTUS) recently ruled that the Civil Rights Act protects gay and transgender people from the workplace discrimination, a positive move towards equality – Read more at https://www.nytimes.com/2020/06/15/us/gay-transgender-workers-supreme-court.html.

The FCA has D&I high on their agenda, they have published their sixth Annual Diversity Report, that fulfils part of their Public Sector Equality Duty under the Equality Act 2010 and related secondary legislation – Read more at https://edit.fca.org.uk/publication/corporate/annual-report-2018-19-diversity.pdf. This report outlines the strategy and approach, as well as key activities and successes, that have impacted the UK financial services sector.

We must address the social injustice in our communities and cannot remain silent – silence is simply unacceptable. We are committed to stand against the legacy of systemic bias, racism, and discrimination.

In addition to our current practices and approach, we have set up an internal Diversity and Inclusion committee, this group will review our practices and policies, and identify what actions we can take as a business and individuals to further support.

We are in a position where we can actively support our clients’ D&I strategies, and assist those clients that are culturally transitioning, by advising and working with them on their D&I hiring strategies. It is important that we address the under-representation of minority groups and to ensure a career in the financial services industry is appealing to the next generation of professionals.

We can actively promote to our clients the importance and commercial benefits of a working culture that is diverse and inclusive, not only in terms of the bottom line but also in terms of employee satisfaction, and hence the attractiveness of a company to potential employees.

It is important that we continue to support all our staff, that we provide our clients with diverse candidates and that we strengthen our voice and use it to inform and influence others. We are actively taking a step forward towards true equality. 

#blacklivesmatter #pride #lgbtq #allnotsome #inclusion #equality #diversity #disabilityawareness #diversitymatters #mentalhealth #unity #humanrights

The Danos Team

27 May

Danos 2020 Challenge for Charity – Congratulations the Danos team have completed their 20 Challenges in 20 Days to raise money for Mind.

We have been raising money for Mind, an amazing charity that provides advice and support to empower anyone experiencing a mental health problem. Mind is also one of the charities that is supporting Our Frontline (a helpline uniting mental health charities in the support for those working on the frontline against coronavirus).

We hope you have enjoyed watching the Danos Team in action!

If possible, please show your support for the cause by donating at – Danos 2020 Challenge for Charity Just Giving Page

Thank you for your continued support during these unprecedented times.

The Danos Team

19 May

We have been inspired by The Duke and Duchess of Cambridge who launched Our Frontline (a helpline uniting mental health charities in the support for those working on the frontline against coronavirus).

The Danos team will be completing 20 challenges for 20 days, to raise as much money for Mind, who are one of the charities uniting for Our Frontline.

Follow our daily progress on LinkedIn and if possible please show your support for the cause by donating at – https://www.justgiving.com/fundraising/danos2020challengeforcharity

Thank You

If you want to follow our early progress:

Visit for day 1 to day 5

Visit for day 6 to 10

Visit for day 11 to 15

Day 20 (the final!) – Global Team Triathlon

It is the final day of the Danos 2020 Challenge for Charity, we took on the task of doing 20 Challenges in 20 Days, to raise money for Mind.

Six teams from around the globe competed in a Triathlon with a difference. Each team had to complete a 20 Minute Cycle, 2.0 km Run, and 200 Jumping Jacks, the times were then added together and verified, and the team with the quickest time won….

Congratulations Denis Spearman, Isabel Anchebe, and Jordan Locke, who came first place in the Global Team Triathlon.

Day 19 – 20 Minutes Boxing

The gloves are on today for the challenge – 20 Minutes Boxing.

Day 18 – 20 Pictures Of The Day

For the days challenge, the Danos team took 20 Pictures that reflected their day. There definitely seemed to be a lot of food!

Day 17 – 20 Minute FaceTime With A Loved One

It is important that during these restricted socialising times, that we keep in contact with loved ones, friends, clients and candidates. For today’s Challenge for Charity the Danos Team have spent some quality time with their families, albeit remotely!

Staying connected can help your mental health and will also brighten up the day for others – Just look at the joy this challenge has created.

Day 16 – 2.0 Meter Lego Tower

For today’s challenge the wider Danos family was enrolled to help build the 2.0 Meter Lego Towers – Very impressive.

14 May

We have been inspired by The Duke and Duchess of Cambridge who launched Our Frontline (a helpline uniting mental health charities in the support for those working on the frontline against coronavirus).

The Danos team will be completing 20 challenges for 20 days, to raise as much money for Mind, who are one of the charities uniting for Our Frontline.

Follow our daily progress on LinkedIn and if possible please show your support for the cause by donating at – https://www.justgiving.com/fundraising/danos2020challengeforcharity

Thank You

If you want to follow our progress:

Visit for day 1 to day 5

Visit for day 6 to 10

Visit for day 16 to 20 (the final)

Day 15 – 20 Minute Dance Party

This week is Mental Health Awareness Week – The Danos team are showing their support by raising money for Mind, a charity that provides advice and support to empower anyone experiencing a mental health problem. We are completing 20 Challenges in 20 Days to raise money for Mind. Today’s challenge a 20 minute dance party!

Day 14 – 20 Minutes Meditation

Today’s challenge 20 minutes of meditation, is focused on improving our mental health. Research shows that meditation can help you relax, which has a positive impact on your mental health.

Day 13 – 20 Press-Ups Every Hour Of The Day

Day 13 unlucky for some! The Danos team took on the press-up challenge, 20 press-ups every hour of the day, each person did at least 280 press-ups during the day. This challenge was completed across the globe in London, Singapore and Hong Kong.

Day 12 – 20 Keepie-Uppies

The UEFA Euro 2020 tournament has been postponed until 2021, but there is no stopping the budding Danos footballers, as they tackle today’s challenge for charity – 20 Keepie-Uppies.

Give it ago yourself, how many keepie-uppies can you do?

Day 11 – Learn A 20 Word Sentence In A New Language

Today the Danos team went back to studying and learnt a new language – Dutch, Japanese and Hungarian!

13 May

The impact of coronavirus (Covid-19) is being felt by all countries around the world. Like in most industries, Financial Services business leaders are navigating a broad range of issues that span from keeping people safe to their organisations’ commercial outlooks.  As many countries in Asia Pacific begin to return to a new “normal” environment, we are starting to see an increase in hiring activity. 

Critical hires across Compliance and Risk are essential to firms. Hiring managers have a clear sense of their talent acquisition needs and are proceeding with their critical hiring strategies. Regulations and legislation are still in place and firms still have a requirement to adhere to them. 

Understandably, there are some organisations that are cautious about hiring new headcount. Roles linked to business expansion or reorganisation are currently on hold or delayed, although we expect to see this change as the summer progresses. For hiring managers who want to get ahead of their competitors by securing the top talent, they should initiate the process and sourcing of candidates with early-stage interviews, albeit remotely, using video conferencing facilities.

Senior hires are essential to businesses, and in some local markets such as Hong Kong, there is a shortage of experienced Vice President (VP) to Managing Director (MD) level candidates, as a result of talent heading overseas and it being more difficult to attract foreign talent due to current travel restrictions and uncertainties.

Across Asia Pacific most governments have taken a proactive approach to managing the Covid-19 outbreak; this is enabling them to loosen restrictions and work towards a more “normal” working climate. Historically the Asia Pacific market trends to bounce back quickly from downturns and hiring managers should activate their recruitment strategies as soon as possible.    

As a global headhunting firm that specialises in Compliance, Risk and Legal within the Financial Services industry, we are supporting those clients who are proceeding with their critical hiring strategies and those clients that want to ensure they have the hiring advantage.

We have successfully adapted our methods to support virtual recruitment, including video interviewing, and we are guiding both clients and candidates effectively through the process.

Please contact me to discuss any current or upcoming hiring, or to ask any questions about the changing landscape.