Exclusive: eToro Promotes Yael Elbaz to Senior Director, Prevention of Financial Crimes

Fazzaco learned that Israeli social trading multi-asset investment platform eToro has promoted Yael Elbaz to Senior Director, Prevention of financial crimes.

Yael has brought extensive expertise and experience in AML compliance to eToro. She originally joined the company in June 2018 as a EU Anti-Money Laundering Compliance Officer (AMLCO), then she was promote to Group AMLCO to lead the AML strategy of the group after four years' contribution to its AML responsibilities in the EU. 

Before joining eToro, Yael was the Deputy Money Laundering Reporting Officer (DMLRO) at Playtech, where she was responsible for establishing and maintaining effective systems and controls for compliance with applicable requirements and standards under the regulatory system. 

Previously, Yael once held positions at Israel Securities Authority as a Legal Counsel Supervision of Mutual Funds. Prior to that, she served as Legal Counsel & Head of Compliance at UBANK TRUST COMPANY. Yael started her career as a Lawer at Shamni- Lazar Adv. office in Jun 2006.

eToro has been extending its global footprint. Most recently, the company has secured a license from AMF to offer direct crypto trading in France and started accepting South African clients.

To strengthen its leadership, eToro has recently promoted Panayiotis Panayides, a veteran and experienced executive in the FX industry, to Vice President of Operations.