Barry Holmes - Senior Associate at Waystone in United Arab Emirates

      Barry Holmes

      Senior Associate

      United Arab Emirates
      Atoms / Icons / bio-fax+971 2 440 2146

      Barry joined Waystone in 2022 and was originally located in Waystone’s Singapore office. In his current role, Barry is based in the UAE and is a Senior Associate, providing compliance and AML support as part of the Consultancy Team and Projects Team.

      Barry specialises in compliance, governance and financial crime prevention. At Waystone, Barry can act as a Compliance Officer and MLRO for multiple entities within the Abu Dhabi Global Market (‘’ADGM”) and the Dubai International Financial Centre (“DIFC”).

      Prior to joining Waystone, Barry was the Compliance Officer for an Insurance Broker in the UAE and duly approved by the Central Bank of the UAE. Barry has over 20 years of experience in senior roles within financial services compliance, including in the United Kingdom where he held the role of an FCA approved Compliance Oversight Officer, setting up new financial services entities, obtaining regulatory/Lloyd’s approval and designing, enhancing, and delivering robust risk and compliance frameworks.

      Barry holds more than 20 formal qualifications in areas such as AML, CFT, sanctions, financial crime prevention, conduct risk, regulatory compliance and cyber security. In addition, Barry holds a Diploma in Compliance from the International Compliance Association (ICA).

      Recent work includes:

      • Setting up a new insurance broker and obtaining approval from the CBUAE
      • Designing and delivering business continuity, cyber security and conduct training to firms
      • Assisting applicants to obtain MAS authorisation for various licence categories
      • Undertaking internal audits for capital markets firms and other licence types
      • Producing and enhancing policies and manuals for different licence categories.
      • Conducting gap analyses for various licence categories due to business model/regulatory changes.
      Waystone Compliance -  People

      Discover more
      great people at