Giles is a Partner in KPMG’s Regulatory Risk Compliance Practice. In his role he advises banking and investment firm clients on a range of detailed capital and prudential regulatory issues, including liquidity arrangements, legal entity restructuring and recovery and resolution plans, and conduct rules and requirements.
Giles leads one of the UK’s largest bank authorisations and licencing practice. His team have advised 13 of the 26 successful applicants to the Financial Services Authority (FSA) for banking authorisation since 2009 and 22 of the 56 since 2004, and worked on a number of banking changes of ownership.
Giles has also worked with clients on the design, implementation and improvement of anti-money laundering processes and procedures, has conducted AML reviews, and was seconded to a major UK retail bank as Group MLRO. Giles was a senior member of the KPMG team which produced the report on the role, structure and performance of NCIS in 2003. He helped plan and establish the Liechtenstein Institute for Compliance and Quality Management which focuses on AML issues.
Prior to joining KPMG Giles spent 12 years at the Bank of England and the FSA, working primarily as a regulator of banks and securities markets firms.
BA (Hons) English and Politics: University of York
MA History of Art: University of Sussex
Corporate governance reviews
Bank authorisation and licensing
Conduct risk and customer outcomes requirements
Anti-money laundering process design and reviews