The US Treasury Department has announced **Daniel Glaser** as new Deputy Assistant Secretary for the **Office of Terrorist Financing and Financial Crimes (TF/FC)**.
TF/FC resides within the Treasury’s Office of Terrorism and Financial Intelligence, created earlier this year. Mr. Glaser was named to this position as a part of the new, elevated leadership at the Treasury committed to combating terrorist financing, protecting the integrity of the financial system, fighting financial crime and enforcing economic sanctions against so-called rogue nations.
In announcing the appointment, Secretary John Snow paid tribute to Mr. Glaser’s efforts in the Department’s anti-money laundering and counter-terrorist financing policies over the past several years. *”He has well-represented the United States Government in helping safeguard the financial sector both at home and abroad,”* said Secretary Snow. *”The extensive knowledge and expertise he brings to his new position will further enhance initiatives to protect the financial system from corruption.”*
Mr. Glaser will function as the primary Treasury official for the development and coordination of international anti-money laundering and counter-terrorist financing policy. He is a key official in developing and implementing strategies to disrupt and dismantle money laundering and terrorist financing networks worldwide, and has led the Treasury effort to identify and secure the U.S. financial system from foreign money laundering and terrorist financing threats.
Mr. Glaser already plays a leading role in the international fight against money laundering and terrorist financing. He serves as the head of the U.S. delegation to the Financial Action Task Force (FATF). In that role, he is Co-Chairman of the FATF Working Group on Terrorist Financing, which is responsible for setting international standards in the area of counter-terrorist financing.
He also has extensive experience addressing terrorist financing issues with an array of other international bodies including the G-7, the International Monetary Fund, and World Bank, and has served as the lead Treasury negotiator of the money laundering provisions in the U.N. Transnational Organized Crime Convention.
The Office of Terrorism and Financial Intelligence (TFI) is responsible for developing and implementing U.S. government strategies to combat terrorist financing domestically and internationally, develops and implements the National Money Laundering Strategy as well as other policies and programs to fight financial crimes.
TFI participates in the Department’s development and implementation of U.S. government policies and regulations in support of the Bank Secrecy Act and the *USA PATRIOT Act*; represents the United States at focused international bodies dedicated to fighting terrorist financing and financial crimes; and develops U.S. government policies relating to financial crimes.