Binance appoints SB Seker as Head of Asia‑Pacific to strengthen regional compliance and engagement with regulators after AUSTRAC ordered an independent audit of Binance Australia. The hire leverages Seker’s 20+ years of regulatory and legal experience to address anti‑money‑laundering concerns and support AUSTRAC cooperation.
New hire addresses regulatory scrutiny
Binance Australia has 18 days to comply with AUSTRAC’s auditor nomination order.
SB Seker brings 20+ years of legal, central banking and crypto compliance experience, including roles at Crypto.com Group and Monetary Authority of Singapore.
Meta description: Binance appoints SB Seker as Head of Asia-Pacific to bolster compliance amid AUSTRAC audit of Binance Australia — learn what this means and next steps.
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Binance appoints SB Seker to strengthen regional compliance and regulator engagement following AUSTRAC’s audit order for Binance Australia. The hire signals an operational pivot toward enhanced AML controls and direct cooperation with auditors and policymakers across APAC.
Seker’s background — more than 20 years in litigation, central bank legal roles and recent senior compliance responsibilities at Crypto.com Group — means Binance gains a senior compliance lead experienced in complex regulatory settings. Industry experts view the move as a strategic effort to stabilise internal controls and present a stronger remediation plan to AUSTRAC within the 18‑day audit compliance window.
Source: https://en.coinotag.com/binance-appoints-sb-seker-as-apac-head-could-ease-austrac-audit-pressure-on-bnb-in-australia/