Frenkel Drevers

Risk & Compliance Consultant

Frenkel has over 20 years of experience as former regulator and as consultant in various roles. Frenkel’s strength lies in translating complex regulations into practical solutions. ​

With a specialized focus at the intersection of legislation and financial markets, Frenkel’s expertise primarily caters to financial entities such as banks, payment institutions, asset managers, and fund managers. Frenkel’s roles encompass responsibilities as both an (external) compliance officer and a compliance advisor. Frenkel is adept at guiding companies through the intricacies of remediation programs, license applications, executive board members testing, (integrity) risk assessments, and liaising with regulatory bodies like AFM (Autoriteit Financiële Markten) and DNB (De Nederlandsche Bank).

Relevant experience

  • Implementation of New Regulations: Successfully implemented critical regulatory frameworks such as PSD2 (Payment Services Directive 2), MiFID II (Markets in Financial Instruments Directive II), and AIFMD (Alternative Investment Fund Managers Directive).
  • Validation and Improvement Projects: Conducted validations and improvement initiatives following investigations by DNB (De Nederlandsche Bank) and AFM (Autoriteit Financiële Markten), with a particular focus on transaction monitoring.
  • Risk Assessments: Executed various (integrity) risk assessment processes to identify and mitigate potential (integrity) risks.
  • Compliance Software: Played a key role in the development of the Ruler compliance software, ensuring its effectiveness and relevance in the changing regulatory landscape.
  • Leading Training Sessions: Facilitated training sessions on specific legal and regulatory requirements, enhancing organizational compliance and understanding.
  • Role as Compliance Officer: Functioned as a Compliance Officer for various companies, overseeing compliance functions and ensuring adherence to relevant regulations and standards.
  • Performing audits on compliance topics from a third line perspective