CLS appoints Butor as head of European regulatory affairs
CLS Group has appointed Gabor Butor as head of European regulatory affairs, a newly created role.
Butor will join the executive management team of the company in London and will report to Alan Bozian, chief executive of CLS Group, and president and chief executive of CLS Bank. CLS Bank is a multi-currency cash-settlement system that eliminates settlement risk in the foreign exchange market.
Butor will look to develop relationships with key regulators in Europe, at a time when policy-makers are
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