European regulatory chief to leave CLS

exit open door

Gabor Butor, head of European regulatory affairs at foreign exchange settlement risk mitigation utility CLS in London, is to leave the firm after two years.

Butor joined CLS in the newly created role in September 2011 and was tasked to develop collaborative relationships with key regulators in Europe, ensuring their understanding of the role CLS plays in the FX market.

Butor came to the firm with significant experience of financial markets regulation, having been lead negotiator for the

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