- Qomply, a UK-based regtech firm, has hired Sophia Fulugunya as its new Director of Transaction Reporting.
- Sophia Fulugunya previously worked at the Financial Conduct Authority (FCA) for six years, specializing in transaction reporting (MiFID II) and instrument reference data regimes.
- Her role at the FCA involved reviewing errors and emissions, in-depth analysis, onboarding firms using the FCA’s market data processor, and enforcement division experience.
- She also worked at the regulatory consultancy Bovill, providing specialized advice on transaction reporting matters.
- Qomply’s Managing Director, Michelle Zak, believes Fulugunya’s regulatory expertise will offer valuable guidance to clients.
- Fulugunya emphasizes the complexity and constant evolution of trade and transaction reporting regulations.
- Recent enforcement actions have highlighted the importance of Qomply’s expertise, with significant penalties issued to financial institutions for reporting failures.
