Internal Compliance: Heuking Fills Newly Created “Head of Compliance” Position with HSBC Specialist
September, 2021 - Germany
Effective September 1, 2021, Heuking Kühn Lüer Wojtek has filled the newly created “Head of Compliance” position with Shiye Luo-Forst (39). For the past five years, the legal professional worked as Compliance Officer and Head of Financial Crime Compliance/Sanctions at HSBC Trinkaus & Burkhardt AG in Düsseldorf. Prior to that, she had been a consultant at PwC for five years.
Managing Partner Dr. Johan Schneider (Hamburg) and Dr. André-M. Szesny (Düsseldorf), Head of the White Collar & Criminal Compliance practice, are responsible for the firm’s internal compliance at management level. Two years ago, Heuking set up a Compliance Committee consisting of nine of the firm’s Partners with different specializations and established a Compliance Team on a working level. Luo-Forst will now be leading this team and expand the internal structures for conflict checks, professional law, money laundering compliance, and insider issues. “We are pleased to have found an experienced compliance expert in Ms. Luo-Forst, who will complete the interface between the Compliance Team and the lawyers and will help us to move forward in managing the increasing regulatory requirements,” said Schneider.
This setup will serve to further expand the Business Service divisions at Heuking. In addition to Finance & Controlling, HR, IT and Communications, the Legal Tech and Knowledge Management departments were established last year and are now complemented by the further expanded Compliance division that is led by a person who is not primarily practicing as a lawyer.
