The Financial Crimes Enforcement Network (FinCEN), a unit of US Treasury, which is tasked with collecting and analyzing information on financial transactions in order to combat domestic and international financial crimes recently revealed the creation and appointment of its First Digital Innovation Officer.

As per the statement released by the federal organization, it has on-boarded Mr. Michael Mosier to serve in the roles of deputy director and its first digital innovation officer.

In his new role as first digital innovation officer for the organization, Michael will be responsible for advancing FinCEN’s engagement with emerging technology and financial innovation and is also expected to oversee FinCEN’s wide range of activities which are aimed at protecting the financial integrity and national security of the United States in his role as deputy director. 

It should be noted that this is not his first rodeo with FinCEN given his past tenure with the organization as its Chief of Strategic Advancement earlier in his career. Prior to his return to the federal organization, he served as Chief Technical Counsel at Chainalysis – a firm which provides analytics, investigation, and compliance services for the cryptocurrency sector.

Some of his other notable roles from earlier in his career include – Associate Director at Treasury’s Office of Foreign Assets Control (OFAC), Deputy Chief In the Department of Justice’s Money Laundering & Asset Recovery Section and as Director for Transnational Organized Crime at White House National Security Council for a brief period of time. He began his role as a member of the public service division as a prosecutor with the Manhattan District Attorney’s office prior to which he served as an adjunct law professor at Georgetown University Law Center. 

In his new role as Deputy Director, Mr. Mosier will be succeeding Mr. Jamal El-Hindi who now moves on to Department of Treasury where he will be serving in the role of Interim Chief Data Officer (CDO), using his experience from FinCEN to help lead the division while complying with the department’s vision & design while also focusing development of agency-wide data and information management strategies.

Commenting on Michael Mosier’s appointment, Kenneth A Blanco – Director of FinCEN said, “I am thrilled to have Michael assume this central role on our leadership team. He brings a range of public and private sector experience that will help FinCEN proactively engage with industry and government partners to confront emerging threats and to capitalize on diverse opportunities in the financial and national security spaces. Michael is the right person, with the right skills, at exactly the right time”.

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.