There are too many lies, misconceptions and fake news about compliance that keep many overwhelmed FinTech founders and many compliance experts stuck.

Here are some of them:

• Compliance is too complicated, there are too many regulations and they keep changing

• Compliance takes a lot of money, I will get to it when our company is more successful

• It’s hard to find good people in compliance

• I just don’t have enough time right now to focus on this

• There is so much to learn, I need to know everything, otherwise, there is nothing I can do

• Nobody understands my business model

• Risks are everywhere and will go to prison if I miss something

• It’s just annoying

 Sounds familiar?

Well, if you believe that most of the statements above are true, I’m not surprised, you feel frustrated, make poor compliance decisions or cannot grow your business fast enough.

What if I told you that getting compliant and growing the business is simple, fun, and there are actually not that many things that you REALLY need to know?

Curious? Let me give you one example.

Most compliance officers are afraid of outsourcing topics because they are “not experts” in Information Security, technology, commercial contracts or SLAs.

What inexperienced or overwhelmed compliance officers usually do, when something needs to happen, but they don’t feel it’s their job?

• They complain endlessly to the CEO or founders
• They insist that other people within the company must provide information and complete various questionnaires
• They threaten that otherwise their company will get in trouble and will have to pay huge penalties
• They request more people or external consultants to be hired
• Everyone gets annoyed and hates everyone else as a result

And I’m here to tell you that learning to document your outsourcing can be done in less than 2 hours!

How? – It’s a simple 80/20 rule: learn and master just a few basic principles about what’s important, and it will quickly cover a lion portion of all requirements and obligations.

I’ve packaged it all together in my brand new Outsourcing Documentation workshop that will take place during 2 days on September 17th and 18th (1 hour each day)on Zoom. It includes a downloadable template on how to document your critical outsourcing using an example of a Cloud Infrastructure provider. 

In this brand-new training, I’ll walk you through:

• Day 1: Definitions. What is outsourcing versus a service or using a software product? What about open-banking APIs or data vendors? What about KYC providers or fraud detection tools? What about payments partners? What about intra-group services? What is critical outsourcing vs non-critical? What needs to be documented? 
• Day 2: Risk Assessment template. We use a template and complete the risk assessment for a critical outsourcing partner (following EBA Outsourcing Guidelines, but you can also use similar logic for most other jurisdictions).

Click HERE to JOIN!

Not only do I want you to gain confidence and clarity about how to document any outsourcing risk assessment and how the process will look like, but also – I’d like you to experience compliance as a simple, fun and enjoyable process so that in the future you can focus your time and energy only on what will matter most and in the right order…

… instead of slipping into overwhelm trying to do “all the things and all at once.”

Yes, if you miss a day, you can catch the replay any time after the workshop.

So, if you are willing to invest an hour during 2 days and 47 EUR to get FULLY up to speed on how to approach outsourcing requirements, I promise to reward your energy with only the latest and most effective examples that will have you leapfrogging over everyone else competing for your future customers and partners. Cool?

Then register here!