Carlo di Florio joins ACA Compliance Group as Chief Services Officer

September 16, 2019

Carlo joins ACA from executive positions at FINRA and the SEC’s Office of Compliance Inspections and Examinations.

ACA Compliance Group (“ACA”) announced today that Carlo di Florio has joined ACA’s leadership team as Global Chief Services Officer (“CSO”).

As ACA’s CSO, Carlo will be instrumental in defining and executing the vision for ACA’s governance, risk, and compliance (“GRC”) service offerings. His responsibilities will include oversight, management, and strategic growth of ACA’s global regulatory compliance, cybersecurity and risk, AML and financial crimes, and performance practices. He also will focus on enhancing ACA’s infrastructure and technology for servicing, managing, and delivering its quality service-based offerings.

Carlo joins ACA from FINRA where he served as Chief Risk & Strategy Officer and as Co-Chair of the FINRA360 Project Management Office, providing leadership across several high-profile initiatives to strengthen FINRA’s mission impact and overall effectiveness and efficiency. During his six years at FINRA, Carlo oversaw and supported various offices including Risk & Strategy, Emerging Regulatory Issues, Regulatory Planning and Programs, Business Consulting Group, International Affairs, Litigation and Counsel, Fixed Income Regulation, and SEC Oversight Liaison and Counsel.

Prior to joining FINRA, Carlo served as Director of the SEC's Office of Compliance Inspections and Examinations ("OCIE") where he oversaw the National Exam Program from 2010-2013, which consisted of a team of over 900 examiners across the U.S. At the SEC, Carlo led a comprehensive review and transformation of the exam program including implementing the Risk Analysis and Surveillance Unit, leveraging technology and data analytics to automate the risk monitoring and exam process, improving transparency through annual priorities letters and risk alerts, and promoting industry compliance through proactive industry engagement and conferences. Prior to the SEC, Carlo was a Partner in PwC’s Financial Services Risk & Regulatory Practice.

“I have always admired ACA for its integrity and mission to do right by clients. The strong, trusting relationships ACA has built with its clients and partners is a testament to the culture of the firm. ACA’s commitment to helping clients strengthen compliance, manage risk, and prevent crisis through technology and quality service supports both the strategic needs of clients and the mission of global financial regulators,” said Carlo di Florio, Chief Services Officer at ACA. “I’m looking forward to driving the vision for the future of our services and leading a remarkable team of professionals and industry experts.”

“Our clients are facing the ever-growing complexity of their compliance responsibilities and they need the right support, guidance, and technology to address those demands. Carlo’s tremendous experience and success developing and leading teams and technologies in both the private and public sectors to support financial services firms and to protect investors will be instrumental to ACA and our clients,” said Jeffrey C. Morton, Co-Founder, Partner and Chief Revenue Officer at ACA.
 

About ACA Compliance Group

ACA Compliance Group is a leading provider of governance, risk, and compliance advisory services and technology solutions. We partner with our clients to help them mitigate the regulatory, operational, and reputational risks associated with their business functions. Our clients include leading investment advisers, private fund managers, commodity trading advisors, investment companies, broker-dealers, and domestic and international banks. ACA is based in New York City and has offices in London, Hong Kong, Malta, and other U.S. cities.

Contacts

Client Inquiries:

Please contact your ACA Consultant or Damon Zappacosta.

Press Inquiries:

Please contact Krissy Kennedy.