From time to time startup founders, regulatory consultants and corporate business developers spend their time on exploring new opportunities and building customer relationships. I have recently learned that it’s important to say “no” to a project or an opportunity very early Read more…
The requirements on when to apply strong authentication for the EEA-based customers are outlined in the RTS on Strong Authentication – and they will fully come into force from the 14th of September 2019. Generally speaking, it’s required to Read more…
If your FinTech startup is in the process of applying for the bank account opening or preparing for partner due diligence, you will need to produce and submit TONS of documents! To help you navigate the process and make Read more…
It’s finally time – the Privacy Policy 5-Day challenge starts TODAY! Each day I’ll send an email to all registered challengers first thing in the morning, 8.00 a.m. CET (Zurich) time and then at 12.00 p.m. we’ll have our live training Read more…
It is common for investment firms, asset managers and banks to bundle products (sometimes it’s called cross-selling). Broadly speaking, European regulations require financial institutions to offer bundled or tied products only when these products meet the needs and the best interests Read more…
The Catch 22 of Compliance Profession can be summarized as: I love learning new skills and I really need to learn something new every day to do my job, but… I don’t feel quite appreciated for my contribution and knowledge, Read more…
Many of the startups ask me: What are the key areas that must be addressed by the Consumer Protection or the Consumer Rights Policy. In my view, the following areas should be addressed: Rights defined in the banking or payments Read more…
Today I wanted to warn you about some common mistakes I see in marketing communications and public statements. 1) Making market predictions or offering personal investment advice Many startups and especially startup founders are “tempted” to make market predictions and Read more…
