AFC in Practice: Learning About Stablecoin Regulations

Craig Timm is the Senior Director of AML at ACAMS.

Prior to joining ACAMS, Craig had more than 15 years of anti-financial crime experience across the public and private sectors. At the Department of Justice, Craig served as a Deputy Chief in the Asset Forfeiture and Money Laundering Section (now Money Laundering and Asset Recovery Section) at headquarters in Washington, DC. In that role, he led a team of prosecutors responsible for enforcing criminal violations of the Bank Secrecy Act, U.S. economic sanctions, and money laundering laws committed by financial institutions and their employees. He led the prosecution of some of the largest financial institutions in the world including HSBC and BNP Paribas. Craig began his career with the Department of Justice as an Assistant United States Attorney in Arizona. At the Department of Justice, he was the recipient of numerous awards including the Attorney General’s Crime Victim’s Restoration Award, the Assistant Attorney General’s Award for Exceptional Service, and the Immigration and Customs Enforcement Director’s Meritorious Service Award.

At Bank of America, Craig was a Financial Crimes Executive responsible for Strategic Initiatives. These initiatives included participation in the Bank Secrecy Act Advisory Group, 314(b) information sharing initiatives, and the Wolfsberg Group as well as managing the day-to-day liaison with FinCEN, the U.S. Treasury, senior financial crimes policy officials at the OCC and Federal Reserve, key law enforcement agencies, and the U.S. Department of Justice. He also spent several years as the Financial Crimes Executive for the Global Wealth and Investment Management business lines where he served as the designated Anti-Money Laundering Compliance Officer for Merrill Lynch and U.S. Trust.

Craig has an undergraduate degree from the University of Michigan and a law degree from the Northwestern University School of Law.

Lesley Chavkin is currently at Ribbit Capital and is a nonresident senior fellow with the Atlantic Council’s Economic Statecraft Initiative in the GeoEconomics Center. Prior to joining Ribbit Capital, she worked at Paxos, the Stellar Development Foundation and JPMorgan Chase, and also served in a variety of roles at the US Department of the Treasury, including as an international economist in the Office of African Nations, as a senior policy advisor focused on the Middle East, and as Treasury’s financial attaché to Qatar and Kuwait from 2017 to 2020. Before joining the Treasury, Chavkin worked as an economic analyst in the US intelligence community. Chavkin holds a master’s degree in development economics and international security from the Fletcher School at Tufts University and a Bachelor of Arts in political science and international affairs from the University of Washington.

Caroline Hill is the Senior Director for Global Policy and Regulatory Strategy at Circle. Prior to joining Circle, Caroline led the U.S. Treasury Department’s efforts to develop and implement policies to counter money laundering and terrorist financing in Africa and the Western Hemisphere, including on issues related to digital assets and financial technology. She was also the Senior Advisor to the Assistant Secretary for Terrorist Financing and the U.S. President to the Financial Action Task Force (FATF). Caroline started her career at the Treasury Department in the Office of Foreign Assets Control, where she targeted individuals and companies who were evading U.S. sanctions on Iran, North Korea, and Syria. Prior to Treasury, Caroline worked at Deloitte Consulting where she conducted financial investigations for public sector clients.