Antonio Zanghi’s Compliance Failures Raise Global Concerns

The compliance façade: Antonio Zanghi’s collapsing corporate trail

Over the past month, Malta-Media has reported extensively on the mounting inconsistencies in the professional history of Mr Antonio Zanghi, a self-styled compliance expert whose growing international footprint now extends across the UK, Malta, the Netherlands and Spain.

While Mr Zanghi maintains an active presence as a regulatory advisor, a company director and until recently, a trusted consultant for the EM Group’s Curaçao operations, the verifiable corporate record associated with his name tells a markedly different story.

As this report shows, the number of failed, dissolved or legally non-compliant companies connected to Mr Zanghi continues to grow at a worrying pace. Several entities tied to his name have been struck off by regulators in the UK, deregistered involuntarily in Spain, or rendered inactive within months in the Netherlands.

Others continue to exist only on paper, racking up late filings and overdue confirmation statements while actively being flagged for strike-off.

These are not isolated incidents. They reflect a pattern of failed governance and legal disregard incompatible with the obligations of any individual involved in regulatory consulting or oversight.

What has raised considerable concern within the compliance community, however, is the decision of organisations like the EM Group to entrust this individual with oversight responsibilities for their clients. According to Mr Zanghi’s own public profile, he was contracted by EM Group between October 2024 and June 2025 to support the creation of a new division focused on iGaming compliance services.

His responsibilities included conducting gap analyses, drafting AML and responsible gambling policies, preparing business and customer risk assessments and acting as appointed Compliance Officer for a number of clients operating under the Curaçao regime.

Even more troubling has been the recent public defence of Mr Zanghi by Ms Aideen Shortt, a consultant for the Curaçao Gaming Authority (CGA). Following the publication of several articles highlighting the volume of corporate failures linked to Mr Zanghi, Ms Shortt took to social media in what appeared to be an effort to deflect criticism away from him by attempting to discredit Malta-Media’s editor, Michael Schmitt.

Her post referenced a nearly two-year-old alimony-related warrant that Mr Schmitt had openly acknowledged and addressed repeatedly in public posts, including on LinkedIn.

The choice to revive it in this context, seemingly to distract from Mr Zanghi’s governance track record, has raised further ethical concerns about the CGA’s neutrality and the professional conduct of its consultants and members.

In this article, we document the companies associated with Mr Zanghi in the United Kingdom, Malta, Spain and the Netherlands. While we make no accusations of fraud or criminality, the consistency with which these entities fail to meet even the most basic regulatory and reporting requirements suggests a disregard for the very principles Mr Zanghi claims to enforce.

The organisations who continue to rely on his guidance (particularly those dealing with high-risk industries such as gaming and payments) should be aware of the risks they may be assuming.

Table of UK Companies and Status

Company Name	Comp. No.	Status	Incorporated	Dissolution Date
Maxima Compliance Ltd	11196196	Liquidation	8 Feb 2018	N/A
Compliance Technologies Ltd	13161061	Dissolved	27 Jan 2021	9 Apr 2024
Maxima Compliance Europe Ltd	14034766	Dissolved	8 Apr 2022	4 Mar 2025
DataVault Technologies Ltd	14142984	Dissolved	31 May 2022	4 Mar 2025
Diligence in Gaming Ltd	14390992	Dissolved	5 Oct 2022	4 Mar 2025
Recruit Compliance Ltd	14430199	Dissolved	19 Oct 2022	13 Feb 2024
Rosdec Invest (Properties) Ltd	14506029	Dissolved	29 Dec 2022	4 Mar 2025
ComplianceOne Software Ltd	15086439	Dissolved	21 Aug 2023	4 Mar 2025
IntelligenceOne Ltd	15158367	Dissolved	23 Sep 2023	4 Mar 2025
DiligentOne Ltd	15159051	Dissolved	23 Sep 2023	4 Mar 2025
Maxima Compliance Services Ltd	11824942	Dissolved	13 Feb 2019	7 Mar 2023
BURNT FURNITURE LTD	13737672	Dissolved	11 Nov 2021	30 Jul 2024
Complitech Ltd	12251959	Dissolved	9 Oct 2019	20 Jun 2023
DZ INVEST LTD	13087272	Active	17 Dec 2020	N/A
Rosdec Invest UK Ltd	13233980	Active	1 Mar 2021	N/A
ComplianceOne Group Ltd	13990545	Active	20 Mar 2022	N/A

Maxima Compliance Ltd (11196196) – in Liquidation

There will be a proper article in the next couple of days. We gave Antonio Zanghi until the 17.07.2025 to respond to the draft article we sent him last week.

Dissolved companies from Zanghi in the UK

The list of dissolved UK companies linked to Antonio Zanghi highlights a consistent pattern of administrative failure, missed filings and strike-off actions. While some closures were voluntary, the overwhelming majority were enforced through compulsory strike-off by Companies House, often following months of non-compliance.

For someone operating in the compliance advisory space, the frequency and uniformity of these dissolutions raise serious questions about internal controls, governance and credibility.

Compliance Technologies Ltd (13161061)

Despite being run by a compliance professional, this company was struck off via compulsory dissolution in August 2024. It faced repeated strike-off threats, had no active accounts for extended periods and failed to maintain basic reporting obligations under the Companies Act.

Maxima Compliance Europe Ltd (14034766)

This company was dissolved through compulsory strike-off in March 2025. It failed to meet accounting deadlines, did not maintain a consistent registered office and was the subject of multiple strike-off notices due to administrative non-compliance.

DataVault Technologies Ltd (14142984)

Formally struck off in March 2025, DataVault faced multiple strike-off proceedings and failed to submit accounts for two financial years. The company also changed addresses several times without resolving governance and filing issues.

Diligence in Gaming Ltd (14399092)

Despite its name, Diligence in Gaming Ltd was dissolved via compulsory strike-off in March 2025 after ongoing filing failures. It received multiple First Gazette notices and was unable to maintain timely statutory submissions or a consistent registered address.

Recruit Compliance Ltd (14430199)

Recruit Compliance Ltd was dissolved in February 2024 through compulsory strike-off after failing to comply with Companies House obligations. It had no confirmation statements or accounts on record and was given formal notice months before being removed.

Rosdec Invest (Properties) Ltd (14506029)

This company was incorporated in December 2022 and struck off just 18 months later in June 2024. The company never filed any public accounts or confirmation statements before dissolution and was removed following a First Gazette notice.

ComplianceOne Software Ltd (15086439)

Formed in August 2023, this company was struck off in January 2025, less than 18 months after incorporation. It filed no accounts, no confirmation statements and was dissolved due to complete administrative inactivity.

IntelligenceOne Ltd (15158367)

IntelligenceOne Ltd was struck off in February 2025 after failing to make any filings since its incorporation in September 2023. The company had no accounts or statutory documents on record at the time of dissolution.

DiligentOne Ltd (15159051)

Also incorporated in September 2023, DiligentOne Ltd was dissolved via strike-off in February 2025. It submitted no filings whatsoever and was removed by Companies House after standard enforcement action.

Maxima Compliance Services Ltd (11824942)

Dissolved voluntarily in November 2019, this company avoided compulsory enforcement but was still flagged for overdue confirmation statements at the time of closure. It filed to strike itself off months earlier after minimal public activity.

Burnt Furniture Ltd (Company No. 13737672)

Was dissolved via compulsory strike-off on 30 July 2024 following multiple missed filings and formal warnings. Despite being unrelated to the compliance industry by name or SIC code, the company was co-directed by Antonio Zanghi, who failed to ensure timely confirmation statements and accounts. The business underwent several address changes and received First Gazette notices for strike-off before being officially removed from the register for non- compliance.

Complitech Ltd (12251959)

Complitech Ltd was struck off in February 2024 following repeated late filings and several accounting period amendments. Despite suspended strike-off attempts, the company ultimately failed to meet its obligations and was removed by Companies House.

Active companies which somehow survived so far!

Despite Mr Zanghi’s background in compliance consulting, even the “active” companies linked to him display recurring governance issues. Below are the few entities that have not yet been struck off, but each is burdened with overdue filings, regulatory warnings, or public enforcement notices. Their continued survival may say more about procedural delays than sound corporate management.

DZ Invest Ltd (Company No. 13087272)

Incorporated in December 2020, is currently listed as Active – proposal to strike off after repeated failures to meet its statutory obligations. Both accounts and confirmation statements are overdue, with the last full accounts only covering the period up to 31 December 2021. Despite multiple First Gazette notices and strike-off actions issued and later discontinued, the company remains non-compliant, raising serious governance concerns, particularly given that one of its directors, Antonio Zanghi, holds himself out as a compliance specialist.

Rosdec Invest UK Limited (Company No. 13233980)

Incorporated on 1 March 2021, is an active UK company controlled by Antonio Zanghi, who is also its sole director. Despite its continued “active” status, the company has faced multiple strike-off proceedings, with First Gazette notices issued in both 2022 and 2024 and repeated compulsory strike-off actions only later suspended or discontinued. While the company eventually filed accounts and confirmation statements, these were often late or submitted only after regulatory pressure. The address has also been changed multiple times, including a move to the same Stockport address used by other Zanghi-linked entities.

Given Mr Zanghi’s public positioning as a compliance specialist, the company’s recurring failures to meet basic statutory obligations such as timely filings and maintaining a stable registered office raise significant concerns about internal governance standards and credibility within the sector.

ComplianceOne Group Limited (Company No. 13990545)

Presents a concerning case of repeated statutory non-compliance, despite being led by a self- described regulatory expert, Mr Antonio Zanghi. The company is currently listed as Active – proposal to strike off, with both accounts and confirmation statements overdue. Its last submitted accounts cover the period up to 31 December 2022, while the 2023 accounts are now overdue. The confirmation statement due by 22 March 2025 remains unfiled, raising further red flags.

Historically, the company has been served with multiple strike-off notices by Companies House, with First Gazette publications issued in both November 2023 and December 2024, only to be later discontinued or suspended. These are not isolated administrative delays but repeated failures in maintaining essential corporate obligations.

Ironically, the company operates in the compliance consultancy sector, with Zanghi acting as sole director since incorporation. The dissonance between its professional branding and its failure to uphold basic UK company law requirements places its credibility into question and may warrant regulatory attention.

Other jurisdiction e covered in our articles

Despite the alarming track record in the UK, Mr Zanghi’s corporate footprint extends well beyond British borders. Similar patterns of non-compliance and regulatory breach have emerged in Malta, Spain and the Netherlands, with authorities in each jurisdiction having taken formal steps in response. Below are summaries of our published findings.

Malta – ComplianceOne Services Ltd (C 98081)

And here's what happened to it, as published in the article on our profile. No company secretary: A Form K filed on 24 August 2023 confirmed that WH Management Ltd (represented by David Magri and Olga Finkel) resigned as company secretary. As of July 2025, no replacement had been appointed, which violates Article 137 of the Maltese Companies Act.

Invalid registered office: WH Management also notified the Malta Business Registry that it had ceased  to  act  as  the  company’s  registered  office  provider  on  the  same  date.

Yet the company continued using the same address at Quantum House, without valid authorisation, in breach of Article 123.

No filings for two consecutive financial years: The last annual return filed was dated 30 May 2022, with no filings submitted for 2023 or 2024. This is a direct breach of Articles 183 and 184 of the Companies Act, which require timely submission of accounts and annual returns.

Spain – Counsel on Demand S.L.

Counsel on Demand S.L. was a Spanish entity linked to Mr Zanghi through his public promotion of the brand and its services. It was dissolved by Spanish authorities due to non- compliance and inactivity, not a voluntary liquidation. The dissolution raised questions about transparency, operational continuity and proper conduct, especially considering that Mr Zanghi continued to promote services under the “Counsel on Demand” brand long after the legal entity had ceased to exist.

The brand's continued use may raise regulatory and ethical issues under Spanish and EU law, particularly in regard to misrepresentation of legal status and potential deception of clients.

Netherlands – ComplianceOne B.V.

ComplianceOne B.V. (KVK 91808472) was incorporated in October 2023. It was already marked inactive/bankrupt as of early 2024. The article raised questions about how a supposedly new and active compliance consultancy could enter bankruptcy proceedings within months of formation. It also pointed out that this mirrored a broader pattern across Zanghi-linked companies, where entities are rapidly created, then struck off, dissolved or left non-compliant.

The article was part of a broader analysis on Dutch entities linked to ComplianceOne Group, including ProductsOne B.V., Intelligence Technologies B.V. and Rosdec Holdings B.V.

Table of Dutch Companies and Status

Company Name	KVK Number	Incorporation Date	Status
ComplianceOne B.V.	91808472	26 October 2023	Inactive (bankrupt)
Compliance Technologies B.V.	92617271	11 January 2024	Active
Rosdec Holdings B.V.	91801435	26 October 2023	Active
ComplianceOne Group B.V.	91805600	27 October 2023	Active
ProductsOne B.V.	91808561	26 October 2023	Active
Intelligence Technologies B.V.	91819962	27 October 2023	Active

Conclusion: Reputational risk and institutional failure

The data presented above is not speculative. It is drawn entirely from public filings, national registries and court-verified corporate records. The overwhelming volume of dissolutions, enforcement actions and administrative breaches connected to Mr Antonio Zanghi is incompatible with any position of trust in the compliance and regulatory field.

That EM Group chose to retain Mr Zanghi under contract to build out its iGaming compliance services division and act as Compliance Officer for several of its Curaçao-based clients reflects a serious failure in internal due diligence. The decision cannot reasonably be dismissed as a simple oversight. It raises material concerns about the standards applied when outsourcing core compliance responsibilities, particularly in the high-risk context of cross-border gaming and payment operations.

Ms Aideen Shortt’s recent public intervention in defence of Mr Zanghi, made in her capacity as a consultant of the Curaçao Gaming Authority, only deepens these concerns. The attempt to distract from our reporting by targeting the editor Michael Schmitt with a personal reference to an outdated, publicly disclosed matter does not meet the standards of impartial regulatory conduct.

We refrain from making any allegations of misconduct. However, based on the documented history available across four jurisdictions, it is our opinion that any company engaging Mr Zanghi in a compliance function is assuming unnecessary risk. Patterns of non-compliance this consistent, this visible and this widely distributed rarely improve over time.

Institutions like the CGA and groups like EM must do better. Trusting individuals with governance responsibilities demands more than confidence. It requires scrutiny, accountability and a genuine track record of compliance, not just branding that claims it.

If your company has experienced fines, regulatory warnings, banking disruptions or any form of operational difficulty after appointing Antonio Zanghi (either personally or through one of his firms) as a compliance consultant, director or advisor, we strongly encourage you to come forward and share your experience. This includes situations where regulatory filings were missed, licences placed under review, or communication with authorities became compromised due to his involvement.

We are also actively reaching out to former employees, freelancers, consultants or outsourced specialists who have worked under Mr Zanghi’s direction, whether in the UK, Malta, Spain or the Netherlands. If you’ve faced unpaid wages, misrepresented roles, NDAs, coercion or pressure to overlook non-compliance, your voice deserves to be heard.

You may choose to share your account publicly, or submit it confidentially via our secure whistleblower form. All reports are reviewed with discretion and assessed in accordance with applicable journalistic standards and legal protections.

FAQs

Who is Antonio Zanghi?
Antonio Zanghi is a self-described compliance consultant whose companies operate across the UK, Malta, Spain, and the Netherlands. Despite his public role, multiple corporate entities linked to him have been dissolved or face non-compliance issues.

What is the core concern raised in the article?
The article highlights a widespread pattern of company dissolutions and governance failures associated with Mr Zanghi, which contradicts his role as a compliance expert and raise reputational and regulatory red flags.

How many UK companies tied to Zanghi have been dissolved?
At least 13 companies connected to Antonio Zanghi have been dissolved in the UK, many through compulsory strike-off due to administrative non-compliance.

Has Antonio Zanghi responded to these allegations?
The article notes that Mr Zanghi was given until 17 July 2025 to respond to the draft report but does not indicate whether a response was received.

What role did Antonio Zanghi play within the EM Group?
Between October 2024 and June 2025, he worked as a consultant to EM Group’s Curaçao operations, acting as a compliance officer and advising on iGaming-related matters.

Why is the involvement of Aideen Shortt controversial?
Ms Shortt, a consultant to the Curaçao Gaming Authority, publicly defended Mr Zanghi and attempted to discredit the article’s editor, raising concerns about neutrality and professional ethics.

Are the governance issues isolated to the UK?
No. Similar issues have been identified in Malta, Spain, and the Netherlands, where Zanghi-affiliated companies have also been deregistered, marked inactive, or found to be non-compliant.

What risks do companies face by engaging Zanghi or his firms?
Firms may be exposed to regulatory fines, licence reviews, banking disruptions, and reputational damage due to poor corporate governance under Zanghi’s advisory.

What evidence supports the article's claims?
All data comes from public registries, corporate filings, and government enforcement notices, documenting missed filings, strike-offs, and regulatory breaches.

How can affected individuals report their experiences?
The article invites former employees, clients, or whistleblowers to submit reports—either confidentially or publicly—via a secure form, ensuring journalistic discretion and legal protection.