Tara Rice is head of the secretariat supporting the BIS CPMI, the international standard setter for payment, clearing, settlement and related arrangements. Previously, she served as the Deputy Assistant Secretary for International Financial Stability and Regulation at the US Department of the Treasury. She also worked for nearly 15 years in the Federal Reserve System, most recently as Chief of the Global Financial Institutions section and as a visiting member of the Financial Stability Board in Basel. In 2012, she received the Fed's Special Achievement Award for outstanding contributions towards the objectives and mission of the Fed. She holds a PhD in finance from Boston College.