Senior Advisor to AML RightSource
Ms. Filipakis serves as a Senior Advisor to AML RightSource. She is Co-Founder and Managing Partner of the Topside Group. Prior to starting the company, she served as the first Executive Deputy Superintendent of the Capital Markets Division at the New York State Department of Financial Services. In that role, she managed a staff of lawyers, risk and investment specialists, and examiners providing expertise in enterprise risk management, financial analysis, anti-money laundering controls, and cybersecurity for over 3,000 financial institutions. She led several of the Department's enforcement actions, including the investigations of cross-border banking, conflicts of interest for financial consultants, and global foreign exchange rate manipulation.
Ms. Filipakis also spearheaded the agency’s cybersecurity initiatives, from conducting industry-wide surveys and assessments, to enhancing DFS’s examinations, to drafting the first-in-the-nation cybersecurity regulation (NYDFS Reg 500).
In addition, she oversaw the development and implementation of New York State’s virtual currency regulatory framework, including the chartering of the first two trust companies thereunder. Maria supervised and trained the virtual currency licensing and examination staff.
Ms. Filipakis served on Governor Cuomo’s Cyber Security Advisory Board, the Conference of State Bank Supervisors Emerging Payments Task Force, and the National Association of Insurance Commissioners Cybersecurity Task Force. She has spoken extensively on the topic of emerging risks and technologies, including at the White House Council on Women and Girls highlighting the work of women in finance and technology.
Before joining the Department, Maria held senior positions at the New York State Insurance Department and the New York Attorney General's Office, including leading the Investor Protection Bureau. More recently, she was Managing Director at Global Atlantic Financial Company, a leading insurer, heading their regulatory affairs and strategies team. She currently serves on Governor Cuomo’s Committee for the Advancement of Women in Leadership in Financial Services, the Connecticut Insurance Department’s Advisory Council on Technology, and is a special advisor to the Virtual Commodities Association. Ms. Filipakis is a graduate of New York University and Brooklyn Law School.