THELOGICALINDIAN - Taking a proactive access Kraken has appointed Howard Bernstein the exCCO of Merriman Capital as the new Chief Compliance Officer The aggregation says the arrangement will advice it as Bernstein is addition who comes with agnate accomplishments can ahead the evolving adjustment about Bitcoin and to advice ensure it is adapted in a way that protects consumers while acceptance the gamechanging Bitcoin ecosystem to flourish
Also read: Is Bitcoin Better than Gold? Part One: Transaction Costs and Centralization
The advertisement from Kraken says:
Howard Bernstein has absolute assignment experience; he brings 20 years of acquaintance in acquiescence solutions for advance banks and trading firms. Before abutting Kraken as the Chief Acquiescence Officer, he had the aforementioned appellation at Merriman Capital, Inc, a publicly-held advance bank. He fared conspicuously able-bodied in that position, as able-bodied as advised and implemented a absolutely new acquiescence affairs to accommodated SEC and FINRA requirements. His role as the Anti-Money Laundering Acquiescence Officer was additionally admirable as he drafted and implemented the firm’s accepted AML program.
He will be arch the company’s acquiescence efforts, designing and implementing centralized controls, behavior and procedures to assure acquiescence with applicative local, accompaniment and federal laws and regulations and third affair guidelines. Additionally, he will be managing audits and investigations into authoritative and acquiescence issues; and responding to requests for advice from authoritative bodies.
Howard Bernstein is the Ideal Person for the Position, Says Kraken.
Looks like Kraken did a lot of due activity afore hiring Howard Bernstein and his assignment acquaintance apropos acquiescence administrator at Merriman Capital. The aggregation says that with his across of experience, Howard is the ideal being to baby-sit compliance. He will not aloof be managing circadian acquiescence operations but additionally appoint authoritative admiral and assembly on Bitcoin policy, and advice us ahead and adapt for approaching authoritative changes.
Kraken is aboveboard about its approaching planning back it says that adjustment has focused on Bitcoin payments; it additionally has to accede how Bitcoin may ultimately be adapted as a tradeable asset at exchanges. According to the close Howard has aloof the appropriate accomplishments to advice it anatomy the aisle to operating according to the regulations that may be affected in the approaching by the authoritative authorities.
Howard Bernstein showed his beatitude about the arrangement and accepted that he was actual aflame to be entering the Bitcoin amplitude at this acute moment in authoritative development. He added added that he was attractive advanced to abutting CEO Jesse Powell and the blow of the Kraken aggregation in their advancing accomplishment to accommodate audience with an aberrant barter experience.
What do you anticipate about Howard Bernstein abutting Kraken? Comment below!
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