The Libra Association appoints Robert Werner as its first general counsel

The Libra Association announced  that it has appointed Robert Werner as its general counsel, to help guide the non-profit as it tries to get regulators onboard the proposed digital currency of Facebook and it bids to pass muster with its application for a payments systems licence from Swiss financial authorities.

Werner joins the independent member organisation with a lot of experience in regulatory, financial crime compliance and enforcement, having worked in both the public and private sectors. Prior to joining the Libra Association, he was the founder and CEO of GRH Consulting and held leadership positions at several top tier institutions, including HSBC and Goldman Sachs, where he was the enterprise executive for policy, privacy and regulatory relations, in addition to heading financial crime compliance for Merrill Lynch.

«I have dedicated my career to combating financial crime and helping complex organizations achieve regulatory compliance, both in government and in the private sector. I look forward to meaningfully contributing to such an impactful project», he commented.  His appointment comes just weeks after the Association named HSBC chief legal officer Stuart Levey as its first CEO.