The Financial Action Task Force (FATF) is an international body founded with the aim of enhancing global financial security and improving industry standards. However, in this episode, I share why I believe many of the actions that the FATF has taken are negatively impacting the FinTech space. If you found Read more…
One of the biggest mistakes that many first-time MLROs or Heads of Compliance make is that they expect their FinTech CEO or founder to become their manager and to act as a boss, and these expectations very often turn out badly. First-time or moderately experienced MLROs or Heads of Compliance Read more…
A common expectation of first-time MLROs and Heads of Compliance is that their CEO will be their boss. In this episode, I debunk this myth so you, as a new MLRO or Head of Compliance, can enter your new role with your eyes wide open to what your relationship with Read more…
I realized that many influential business leaders whom I like, respect, and learn from, support or show serious curiosity towards a number of “conspiracy” theories, and it got me thinking… I don’t care that much about who killed Kennedy, 9/11 theories, or aliens, but I am very curious about theories Read more…
In this episode, I explore some common conspiracy theories that I have come across in the world of business and finance. I personally find this topic a fascinating one, and I hope you enjoy listening to this episode as much as I enjoyed recording it. If you found value in Read more…
I’d like to share with you ideas on how the banking crisis of 2008/2009 is different from the crisis of 2022/2023 and why I believe that the differences in priorities for compliance and risk management may have played a huge role in these developments. Andrew Ross Sorkin, a financial journalist Read more…
Inspired by Andrew Ross Sorkin’s insights on the topic, in this episode, I explore the differences between the financial crises of 2008 and 2023 and share my thoughts on which one was the most egregious. If you found value in this episode, I would really appreciate it if you could Read more…
More and more of my students and clients begin to manage compliance as a revenue center and they find this approach to be helpful. If you have not yet considered this approach within your company, here are the most important reasons to try: The majority of the compliance officers admit Read more…
“Not treating compliance as a function responsible for revenues is not just a poor cost decision; it’s simply ignoring the reality of the underlying processes.” In this episode, I explore the defining characteristics of cost and revenue centers and share my thoughts on the problems with looking at compliance as Read more…
The Markets in Crypto-Assets (MiCA) Regulation was finally adopted during the spring of 2023 and is expected to come into force on December 30, 2024. Regulation (as opposed to a Directive) means direct application (without the countries having to ratify it), it will still require local regulators to create domestic Read more…