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Sassoon Named by U.K. Chancellor Brown to Head FATF
By Matt Squire
printBritish Chancellor of the Exchequer Gordon Brown has selected U.K. Treasury official James Sassoon to serve as acting president of the international anti-money laundering policy making body, the Financial Action Task Force. Sassoon has served as the Chancellor's "personal representative on U.K. and international financial sector and markets issues," according to a March 28 press release issued by Brown's office. Sassoon, will serve for a one-year term from July 2007 to June 2008 and will replace current president Frank Swedlove of Canada. Prior to this appointment, Sassoon was the Managing Director of Finance Regulation and Industry for the U.K. from...
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