Naomi Rarmani announced through her LinkedIn profile that she is rejoining eToro as the Director of Compliance Operations, leveraging her extensive experience in compliance and operational management.

Career Progression in Compliance

Prior to assuming this new role, Rarmani held several key positions in renowned institutions, showcasing her versatility and expertise in the fields of compliance and operations. Most recently, she served as a Compliance Manager at Rapyd, demonstrating her skills in regulatory compliance and risk management over the course of a year.

Before joining Rapyd, Rarmani held pivotal roles at Fundbox and eToro, further solidifying her reputation as a seasoned professional in the fintech industry. At Fundbox, she served as the Compliance Director, playing a crucial role in ensuring regulatory compliance. Her earlier tenure at eToro saw her rise from a customer service representative to a compliance team leader over nine years, highlighting her leadership capabilities.

Rarmani's career also encompasses positions in quality control, language management, and community management, reflecting her diverse skill set and adaptability across various domains. Her rich experience in operational and compliance functions positions her as a strategic leader capable of driving compliance initiatives and fostering operational efficiency.

Upon rejoining eToro, Rarmani expressed enthusiasm for her role as the Director of Compliance Operations, emphasizing her commitment to upholding the highest regulatory compliance standards.

Applying for License with MAS

Reportedly, eToro is actively seeking regulatory approval in Singapore and has submitted an application to the Monetary Authority of Singapore (MAS). While the process is underway, specific details regarding the license have not been disclosed.

Despite being headquartered in Israel, eToro maintains a global presence across jurisdictions including the UK, Cyprus, the Netherlands, among others. Approval from the Abu Dhabi Global Market Financial Services Regulatory Authority and operating licenses in Germany further underscore eToro's commitment to regulatory compliance and expanding into new markets.