Monthly Archives: February 2016

Ex-CBC Governor Surprised at FinCEN Actions

11 February 2016

 The former Governor of the Central Bank of Cyprus (CBC), Professor Panicos Demetriades, has written to FinCEN regarding its campaign against FBME in which he says he is “… most surprised by FinCEN’s actions relating to FBME”. This letter appears on the FinCEN website and is available to the public:!documentDetail;D=FINCEN-2014-0007-0069.

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Comments from Columbia University Professor

10 February 2016

 Further comments on the FinCEN website regarding the agency’s handling of the FBME case were submitted by Sharyn O’Halloran, George Blumenthal Professor at New York’s Columbia University. In her letter sent to FinCEN and put into the public domain Professor O’Halloran explained that her specialist area is the study of US administrative processes, regulatory powers and oversight functions.

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