Gabor Butor Heads up CLS Regulatory Affairs Initiatives

CLS Group, the global foreign exchange settlement system, has appointed Gabor Butor as head of European regulatory affairs. He will join the executive management team and report to CEO, Alan Bozian.

In this newly created position, Gabor will play a role in developing strong and collaborative relationships with key regulators in Europe.

Gabor has significant experience in financial markets policy; he was lead negotiator for the Hungarian presidency to the EU on financial markets infrastructure regulation, and, prior to this, was financial services EU Advisor for Hungary's Ministry of National Economy.

He also has 20 years' experience in financial markets, including foreign-exchange interbank trading (specializing in Central and Eastern European currencies) and currency options trading, having worked at RZB in Vienna and Raiffeisenbank, formerly Unicbank in Budapest.

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