Today, Yana is going to share the pros and cons and different approaches to buying an already established FinTech company versus starting a new one and applying for your own license. Yana is in the middle of a project that actually involved both, so she feels she has a unique Read more…
Brexit happened, and the UK is no longer a part of the EU, which means passporting and mutual acceptance of financial services need to be revised. Listen as Yana talks about what we know about the movement of goods and services, what needs to be documented and formalized, and if Read more…
On December 21st, 2020, the SEC filed a lawsuit against Ripple, accusing the company of illegally offering securities without proper registrations and declarations as required by the US securities laws. In recent years, the SEC has ruled that Bitcoin and Ethereum were not securities, mainly because they are decentralized with Read more…
Are you ready to discuss Ripple versus the Securities and Exchange Commission? Yana uses Ripple as a starting point to analyze what it means for various token issuers in terms of how they position themselves, how the SEC views them, and what’s possible in this space. Listen as Yana speaks Read more…
What is really sad and devastating for the FinTech industry is to see how old-fashioned and narrow-thinking compliance professionals slowly kill their companies by doing [many or all of] the following: They try to make their management and Boards fearful and suspicious of internal and external audits, which makes audit scoping Read more…
Something interested happened recently in my compliance world and I wanted to share this with you. A FinTech company was going through an audit and it was found that they had an institutional client with one of the owners born in Iraq. This person has lived in Europe for many Read more…
Have you heard about the new Crypto regulations that are coming? Yana explains what they are and what they mean for Crypto companies. She believes the regulation will harmonize requirements from country to country with a single regulatory regime that will cover different types of crypto services. Yana shares that Read more…
It was my first ever visit to a Shooting Range and before I actually got to hold a gun, it’s mandatory to follow and fully internalize a few key instructions. These instructions are so simple and useful, I feel that anyone working in FinTech must apply those immediately: Treat any Read more…
So the doors to Compliance That Makes Sense Helpline are now open and we are accepting new participants. In January 2021, we will celebrate 2-year anniversary (can you imagine that!!!) and there are some clients who are still with us to date! Here is how you know if Compliance Helpline can actually help Read more…
I’ve never had a bad audit outcome or negative regulatory inspection results… even though I often work with and represent early-stage startups who are far from being 100% perfect. In fact, when I go into an audit or an inspection, I already know with 95% certainty what the outcome will Read more…