Shrey Bakhai

Executive summary

Shrey Bakhai is a Senior Manager with BDO UAE's Advisory practice and is a key member of the firm's Financial Crime, Compliance, Regulatory Advisory and Investigations team. With over ten years of experience across the Middle East and Asia, Shrey advises financial institutions and corporates on ethics and compliance, financial crime risk management, regulatory compliance, market conduct and consumer protection, fraud risk management and governance.

Starting his career with a Big 4 firm, Shrey has extensive experience leading investigations, forensic audits, fraud risk assessments, regulatory reviews, compliance assessments, and fact-finding engagements. He has worked closely with Boards, Senior Management, Regulators and Legal Counsel on matters involving regulatory compliance, financial misconduct, governance, anti-bribery and corruption, and financial crime risk management.

Shrey has led and supported engagements involving fraud allegations, management and shareholder disputes, compliance breaches, misconduct reviews and matters subject to the FCPA and UK Bribery Act. His experience also includes cross-border investigations, forensic reviews, pre and post investment due diligence engagements, and investigations conducted on behalf of banks, corporates and regulatory authorities.

Shrey also regularly supports banks, exchange houses, fintechs and other regulated entities in assessing compliance with regulatory requirements and strengthening governance and control environments. His experience includes market conduct and consumer protection reviews, AML/CFT and sanctions compliance assessments, regulatory readiness reviews, pre-licensing support, compliance audits and remediation programmes. He is also actively involved in Central Bank of the UAE mandated engagements, including Skilled Person Reviews and independent assessments for licensed financial institutions.

Professional Qualifications & Affiliations

• Chartered Accountant (CA) – The Institute of Chartered Accountants of India (ICAI)
• Certified Fraud Examiner (CFE) – Association of Certified Fraud Examiners (ACFE)
• Bachelor of Commerce (B.Com.)