Deutsche Börse Replaces Steinicke with Freis in Compliance Top Spot

In the role, Freis will be ultimately responsible for adherence to regulatory and legal requirements, as well as internal policies, among all parts of Deutsche Börse Group. Steinicke will move to a new role within the Asian arm of the exchange operator.

Prior to his appointment at Deutsche Börse, Freis was a partner at law firm Cleary Gottlieb Steen and Hamilton, and previously served as the director of the Financial Crimes Enforcement Network (Fincen) from 2007-2012. Fincen, an arm of the United States Department of the Treasury, focuses on areas such as anti-money laundering and counter-terrorist financing oversight at financial institutions, and supports enforcement activity through the nation's Financial Intelligence Unit.

Before Fincen, he served as general counsel at the Bank for International Settlements from 1999-2005, and began his career as an attorney for the Federal Reserve Bank of New York in 1996. He attained his undergraduate degree in economics from Georgetown University, and his JD from Harvard.