FinTech startups often struggle to find the right Board Members, and indeed there is a lot of confusion about who they should be, how much you can expect from them, and what their fees should be. Let me break it Read more…
Let’s talk about how to prepare for Fit and Proper interviews with regulators. First of all, these interviews don’t happen always. In fact, they are more likely to happen if this is your first-time MLRO, Director, or Board Member role Read more…
If you’ve been asked to attend an interview with a regulator, don’t panic! In this episode, I share my advice on how to approach these interviews and the types of questions to expect. If you found value in this episode, Read more…
Today, I wanted to share with you my thoughts about FinTech co-founders who are also best friends and how it may become a problem for the company and the team. You often hear that the best startups are launched by founders Read more…
Starting a business with friends sounds like a good idea in theory, but in reality, it’s often a different (much more challenging) story. Tune in today to hear about the common issues people face when they choose to go into Read more…
This is the time of the year when many FinTech startups are writing up various mandatory reports and preparing for annual reviews and inspections. Compliance reporting generates and keeps up-to-date a lot of mandatory documents that you send to your Read more…
Many people who recently lost jobs at BlockFi, Crypto.com, Celcius, Stripe, and PayPal find it hard to secure new jobs because of THIS. Several of my clients are hiring for various roles and they asked me to interview their finalist candidates. Read more…
After speaking to many people who have lost their jobs due to FinTech company failures, I was motivated to create the Compliance Collective to help people in that position understand their value and get back on their feet. Tune in Read more…
When it comes to FinTech licensing, about 50% of review time is spent by the regulators on “fit and proper” assessment and the overall team organization. Furthermore, many regulators will not even commence any policy or financial plans review before Read more…
The US regulators have recently gone to the mattresses against Coinbase, Paxos, Binance, staking, and stablecoins (…) and issued a number of enforcement. Let’s unpack it, shall we? Why do the US regulators have an issue with staking activities? Staking activities Read more…