Libra is shoring up its talent to work with governments and regulators. Prior to the role with HSBC, Levey served the U.S. government as Under Secretary of the Treasury for Terrorism and Financial Intelligence under Bush and Obama.
"I am honored to join the Libra Association as it charts a bold path forward to harness the power of technology to transform the global payments landscape," Levey said in a statement. "Technology provides us with the opportunity to make it easier for individuals and businesses to send and receive money, and to empower more than a billion people who have been left on the sidelines of the financial system, all with robust controls to detect and deter illicit financial activity."
https://www.coindesk.com/libra-association-names-hsbc-chief-legal-officer-as-first-ceo