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CFPB announces senior leadership changes

CFPB Monitor

As expected, with Rohit Chopra having been sworn in on October 12 as CFPB Director, the Bureau announced senior leadership changes today. Martinez will serve as Deputy Director, and in that role will oversee the Bureau’s Operations Division. The changes consist of the following: Zixta Q. Most recently, Ms.

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

Associate Director Evangelista stressed “responsible innovation” by the cryptocurrency industry, in order to protect consumers and national security interests, as well as to combat cybercrime and other illicit financial activity. Responsible Innovation “. Responsible Innovation “.

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Citi’s Naveed Sultan To Lead Bank’s Global Digitization Charge

PYMNTS

Sultan will be in charge of building a new "digital policy, strategy and advisory practice" that will consult with governments interested in digitizing their economies and financial systems, among other duties, the memo states.

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CEO Atul Gawande Takes New Role At Haven Heathcare Joint Venture

PYMNTS

“This will elevate my focus from daily management to supporting Haven’s strategy, board, and leadership. It will also enable me to devote time to policy and activities addressing the immediate and long-term threats to health and health systems from COVID-19.”. s Optum unit.

Boston 130
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10 Top Banking Podcasts You Should be Listening to

Abrigo

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Weekly episodes highlight innovators and industry players driving innovation in the financial services industry.

Community 195
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Ten qualities of a successful BSA officer

Abrigo

Although not mandatory, operations experience enables a BSA Officer to understand critical aspects of an AML program, thus preparing them with the tools necessary to safeguard the soundness of the compliance program. Leadership and management: Leading and effectively managing a compliance team is a significant part of the role.

Training 221
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Ensuring AML Programs Minimize Personal Liability

Abrigo

The former Chief Operational Risk Officer was fined for insufficient action on AML program deficiencies and staffing issues. FinCEN encourages technological innovations to help fight money laundering, but technology must be used properly,” the regulator said in a news release announcing the fine against LaFontaine. In the U.S.

Resources 195