Senior Advisor, Financial Stability & Anti-Money Laundering
As the Authority’s Senior Advisor, George Pickering is responsible for the department which undertakes macroprudential risk assessments and is building a strengthened recovery and resolution framework for Bermuda. Mr Pickering also manages the AML Department which includes ongoing supervision of firms AML policies and procedures and policy development.
Mr. Pickering’s regulatory and financial markets experience spans more than 35 years. Prior to joining the Authority in August 2015, he was Managing Director of Policy and Enforcement at the Qatar Financial Centre Regulatory Authority.
In another previous role, Mr. Pickering was Chief of the Funds Management and Banking Department at the Bank of Canada, where he was responsible for the fiscal agent policy in government debt, foreign reserves and risk management, and the Bank’s government banker activities. Additionally at the Bank of Canada, Mr Pickering served as an Advisor to the Governor and was Secretary to the Governing Council from 2004 to 2005, was a member of the Financial Stability Review Committee from 2001 to 2010 and Chair of the Canadian Foreign Exchange Committee from 2004 to 2008.
Mr Pickering worked at the Bank for International Settlements (BIS) from 1990 to 2001 and the International Monetary Fund from 1982 to 1986. He was the first Chief Representative for Asia and the Pacific for the BIS and was based in Hong Kong SAR, opening the office there in 1998.