Milena Busunt

Compulsory winding-Up - Insurance

• Managing the assets of a life insurance company with over 2,000 stakeholders.
• Perform complex reconciliation to assist in determining the segregation status in accordance with the Segregated Accounts Companies Act, 2000.
• Engage with policyholders, financial advisors, and asset custody providers across various jurisdictions.
• Design, implement, monitor and review effective processes through flowcharts for example to issue refunds to policyholders and for compliance adherance to AML/ATF standards.
• Draft reports to creditors, policyholders, and the Supreme Court.
• Actively participate in strategies to secure assets in overseas jurisdictions.
• Ensure effective team collaboration through effective reporting mechanisms internally, as well as externally.

Voluntary Winding-Up - Telecommunications

• Design assumptions for debt collections and distribution to creditors through simple modeling techniques during a liquidation process.
• Leverage global network for collection of debts in foreign jurisdictions.
• Effectively manage stakeholders, i.e., creditors and investors.
• Perform complex analysis and evaluation of debt collection straegies

Business Restructuring (Compulsory and Voluntary Winding-Up)

• Prepare reports to the Supreme Court in accordance with the provisions of the Insolvency Act and the Companies Act respectively. Prepare reports and other deliverables such as cashflow forecast for the consumption of Creditors and Board of Directors.
• Review of claims and oversee the adjudication process
• Effectively communicate with and manage stakeholders including creditors, employees, public officials, investors, potential business acquirers and the Regulator.

Forensics Investigation and Fact Finding

• Conduct investigations into:

- Insider Trading;

- Professional misconduct;

- Misappropriation of funds, and

- Manipulation of accounting entries,

in relation to the following industries: insurance, financial services, textile manufacturing, and construction.

• Assist in analyzing transaction trails and internal records to identify potential suspicious activities and impact of the non-adherence to relevant laws and regulations.

Draft interview questions, interview notes, and forensic reports.

Leverage digital tools such as Alterys and Power BI to analyze complex information and illustrate live data to showcase trends and patterns.

AML/CFT

• Conduct KYC remediation exercise (As account sanctioner)for an International Bank in Luxembourg
• Interact closely with various PwC offices, international management companies, private equity firms, regulators and other stakeholders.
• Evaluate adherance to local laws and international guidelines pertaining to customer due diligence.