Asurity Advisors welcomes Tim Stokes, CRCM, as Managing Director, enhancing its expertise in financial regulations, compliance, and risk management.
With 25 years of industry experience, Tim brings broad expertise in regulatory compliance, fintech oversight, and strategic risk mitigation. Tim also has extensive experience with Bank Secrecy Act / Anti-Money Laundering (BSA/AML) laws and regulations. His background includes leadership roles in banks, financial technology companies, regulatory agencies, and professional service advisory firms, enabling him to deliver both tactical and strategic solutions to a broad spectrum of clients.
“Tim’s expertise and experience with the Bank Secrecy Act allows Asurity to expand on its offerings and add more value to its clients. Additionally, Tim’s deep knowledge of compliance management, regulatory expectations, and operational risk management will be an invaluable asset to Asurity Advisors’ clients,” said Grace Brasington, Executive Managing Director of Asurity Advisors. “His experience strengthens our ability to support financial institutions navigating today’s evolving regulatory requirements.”
Tim has a proven track record of assisting financial institutions in developing and executing remediation and settlement action plans in response to regulatory and legal enforcement actions, in areas related to Unfair, Deceptive, or Abusive Acts or Practices (UDAAP), the Federal Trade Commission Act, and the Servicemembers Civil Relief Act (SCRA). In his role at the Financial Crimes Enforcement Network (FinCEN), Tim provided guidance to financial institutions on how to build and maintain effective BSA/AML compliance programs. He also served as a liaison between FinCEN and prudential regulators.
Tim has spoken at industry conferences, including the American Bankers Association Regulatory Compliance Conference, and has led regulatory risk assessment and risk management webinars for the Consumer Bankers Association.
Tim Stokes said, “I am pleased to join the Asurity Advisors team and contribute to its mission of delivering regulatory compliance and risk management advisory services. Now more than ever institutions need trusted guidance. I look forward to leveraging my experience to help our clients in this dynamic regulatory environment.”
For more information on Asurity Advisors, visit https://www.asurityadvisors.com or contact us at (202) 765-2150.
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