Katri Remmelgas

She started in 2017 at Luminor Bank as Corporate and Pan-Baltic Legal Counsel. She consulted the Sales unit on financing medium-sized and large corporations (loans, trade finance, collaterals) as well as on consumer financing. She was responsible for updating the corporate banking and consumer lending documentation and the general terms and conditions of Luminor Bank as well as updating and reviewing the anti-money laundering (AML) and terrorist financing (TF) prevention internal policies and procedures. She also supported the AML Compliance unit in interpreting the applicable regulatory standards and advised the AML Risk Committee on customers on/off-boarding matters. In addition, Katri also has international experience in AML and TF prevention and investigation projects. She supported an international law firm in an AML investigation on behalf of a multinational financial institution for 7 months. She holds an International Compliance Association (ICA) Certificate in Anti Money Laundering. Prior to joining KPMG Law Estonia Katri worked in the first (of the two) e-money institution(s) authorised by the Estonian Financial Supervision and Resolution Authority (EFSRA) – inHouse Pay. At inHouse Pay she was responsible for drafting the service terms and conditions, reviewing and ensuring compliance of the company’s internal policies and procedures and carrying out outsourced activity assessments and legal analysis as needed. She also advised inHouse Pay in the passporting process, consulted the company in relation to the EFSRA off-site inspection and was responsible for developing an effective legal compliance program to make sure inHouse Pay complies with all applicable regulations, e.g. PSD2, GDPR, AMLD V, and the obligations deriving thereof.