Adam Shapiro

Adam Shapiro is managing director of Promontory Financial Group. Mr. Shapiro helps banks, money-services businesses, and financial technology companies with compliance, risk management, regulatory, and governance issues. He is Promontory's West Coast anti-money-laundering lead and an expert on payments innovation.

Prior to joining Promontory, Mr. Shapiro worked for the U.K.’s Financial Services Authority, managing its assessment and prioritization of retail market risks, developing product risk framework, and leading the initial work on its approach to the initiative “Treating Customers Fairly.” He also served as private secretary to the chairman and was part of the team that developed the FSA’s model of risk-based regulation, ARROW. Mr. Shapiro also helped set U.K. policy on hedge funds. As part of the latter role, he contributed to the development of the Basel Committee, the International Organization of Securities Commissions, and the Financial Stability Forum policy on highly leveraged institutions. Mr. Shapiro started his career as an economist and bank examiner at the Bank of England.

Mr. Shapiro has a bachelor’s in economics and politics from St. Catherine’s College, University of Oxford.