The Liechtenstein-based bank is poaching a KMPG specialist in financial crime and compliance, who gained fintech and crypto experience including at the Swiss financial regulator.

VP Bank is hiring Tanja Bernath as head of group financial crime and tax compliance, effective immediately, the bank said. Bernath, who spent the last three years as a senior manager in KPMG's financial services practice in Zurich, will report to compliance chief Markus Reinacher.

She has valuable private as well as public sector experience, having spent nearly all of 2019 on a secondment on the Swiss financial regulator Finma's fintech desk. A Swiss lawyer, Bernath has advised on crypto-related regulation in recent years. Previously spent five years at the Swiss central bank, both in compliance and in operational risk and security.

She is the second heavy-hitter to defect from the big-four consulting firm to the Liechtenstein wealth manager in three months: Markus Rohner, a director at KPMG's Swiss financial services practice, begins as head of VP Bank's internal audit in September.