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FinCEN Refocuses on Virtual Currencies

May 21, 2019 by Eugene Grygo

FinCEN Refocuses on Virtual Currencies

Without much fanfare, the Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, issued a guidance on convertible virtual currencies (CVC) such as Bitcoin to help “financial institutions, law enforcement, and regulators” get a grip on the “multiple variations of businesses dealing in CVCs.” The guidance is a reminder to firms of their… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Clearing, Data Management, Middle-Office, Operational Risk, Ops Automation, Risk Management, Governance, FinTech Trends, Back-Office, Blockchain/DLT, Standards, Opinion, Minding the Gap, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Cybersecurity, Derivatives, Regulatory Compliance, Regulatory Reporting, Economic Sanctions, Industry News Tagged With: BSA [Bank Secrecy Act], CFTC, Financial Crimes Enforcement Network, FinCEN, initial coin offerings (ICO), Kenneth A. Blanco, SEC, Virtual Currencies

Deutsche Börse Taps UniCredit Bank for Next CEO

November 20, 2017 by FTF News

Deutsche Börse Taps UniCredit Bank for Next CEO

New Deutsche Börse CEO to Serve for Three Years The next CEO for the Deutsche Börse will be Theodor Weimer from UniCredit Bank who will serve for three years, starting Jan. 1, 2018, according to the supervisory board of the exchanges and clearing company. The 57-year-old Weimer “will take over from CEO Carsten Kengeter who… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Corporate Actions, Operational Risk, Ops Automation, Settlement, Governance, Diversity, Equity, and Inclusion (DEI), Back-Office, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Derivatives, Regulatory Compliance, Regulatory Reporting, Industry News, People Moves Tagged With: Andreas Preuss, Brian Quintenz, CFTC, CFTC Commissioner, Deutsche Borse, DOJ, Jeffrey Tessler, Kenneth A. Blanco, Margo Bailey, Payal Raina, People Moves, Steven Mnuchin, Theodor Weimer, Torstone Technology, U.S. Department of the Treasury

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