Description:
Robust AML/CFT Framework is a must for any FinTech business, whether it deals with virtual assets, e-money or payments in general. It's not only a matter of complying with the regulatory requirements and meeting regulatory expectations, but also social responsibility - to keep your business safe from money launderers, terrorists, and bad actors of any kind. However, it's not an easy task to build and implement the entire framework, which consists of policies, procedures, and internal controls, from scratch. This is why it is extremely important to receive qualified advice from an experienced AML specialist before introducing regulated financial services to the public and on later stages when the business is growing and maturing.