According to the Binance blog, Kristen Hecht, Binance's former global corporate compliance director, has been appointed as the new deputy chief compliance officer and global anti-money laundering reporting officer. Kristen has 17 years of experience in related fields and has served as a senior policy advisor at the U.S. Treasury Department's Office of Terrorist Financing and Financial Crimes, supporting the U.S. government's efforts to combat terrorism and illegal financial activities.
Kristen's short-term goal is to actively interact with regulators, intergovernmental organizations and industry bodies to contribute to the development of the best compliance programs in the crypto industry and further strengthen the commitment to user protection and compliance with regulatory requirements; her long-term goal is to establish a trusted partnership with regulators, industry organizations and business partners to identify and mitigate financial crime risks through innovative technologies. Kristen said: "I will use my professional background to continuously develop Binance's compliance controls and not give criminals an opportunity to take advantage."