Mr. Mohamed Shalo joined Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) in November 2015. As Director of the Financial Crime Prevention Unit (FCPU), Mr Shalo oversees the team’s responsibility in fostering financial crime compliance and practices, including AML, CFT, sanctions, international tax reporting requirements, cyber security, across ADGM.
Prior to ADGM, Mr Shalo was the Director of Licensing at the UAE Securities and Commodities Authority (SCA). He also served as the Supervision Team Leader for capital markets intermediaries to ensure their compliance with SCA rules and regulations.
Mr Shalo contributed significantly to several key projects including the UAE Mutual Evaluation, and National Risk Assessment where he acts as the secretary of the National Risk Assessment Committee, initiated a risk rating policy for financial institutions, UAE cross-border regulations, design of ADGM’s virtual assets regulatory framework, to being a member of high-level committees with UAE Central Bank, Ministry of Finance and others.
Mr Shalo completed the Accelerated Development Programme from London Business School and He holds an Executive Master of Business Administration (Distinction) from American University of Sharjah, and Bachelor Degree of Accounting from United Arab Emirates University. He is a registered auditor with the UAE Ministry of Economy.