The client, driven by a mission to introduce innovative blockchain financial services to a worldwide audience in an approachable and reliable manner, has successfully laid the groundwork for their blockchain-based financial technology. They acquired E-money Distributor status in the UK and EU and obtained registration as a crypto provider in Lithuania. Remarkably, these achievements were realized in under a year, a testament to the client's dedicated and dynamic team, who also found time for creative pursuits like crafting unique NFTs.
WHAT YOU'LL DO
– Assuring regulatory engagement with authorities in both the UK and Lithuania.
– Providing counsel to senior management and stakeholders regarding compliance issues.
– Spearheading the development and integration of novel regulations, including MICA.
– Exercising vigilant oversight of the organization's compliance department.
– Executing comprehensive risk assessments to refine the current compliance and Financial Economic Crime (FEC) framework.
WHO YOU ARE
– Experienced in regulatory and compliance leadership positions within regulated financial institutions
– Demonstrated expertise in managing compliance, risk, fraud, and regulatory concerns with the ability to simplify intricate compliance and regulatory issues for various audiences from diverse professional, cultural, and technical backgrounds.
– Keen interest in blockchain, cryptocurrency, and associated financial technologies.
– Proficiency in adapting to a fast-paced environment, handling ambiguity, and shifting priorities.