110 - Knowing Regulations Does Not Lead To Success in FinTech Compliance

<p><span style="font-weight: 400;">The majority of compliance trainings, certification curriculums, and seminars focus on understanding, interpreting, and implementing rules and regulations. In today’s episode, I explain why I disagree with this tactic and what I recommend doing instead!</span></p> <p><span style="font-weight: 400;">If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies!</span> <span style= "font-weight: 400;">If you are on Apple, just </span><a href= "https://podcasts.apple.com/ch/podcast/compliance-that-makes-sense/id1535160531"><strong>click here to review</strong></a><span style="font-weight: 400;">, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is. </span></p> <p> </p> <p><strong>Today's episode:</strong></p> <p><span style="font-weight: 400;">[00:53] The inspiration behind today’s topic.</span></p> <p><span style="font-weight: 400;">[01:24] What the majority of compliance trainings and seminars focus on.</span></p> <p><span style="font-weight: 400;">[02:24] Why focusing on learning rules and regulations can hinder your success.  </span></p> <p><span style="font-weight: 400;">[05:14] The benefit of looking to people who know less than you. </span></p> <p><span style="font-weight: 400;">[05:55] Discrepancies in documents that are often not challenged.</span></p> <p><span style="font-weight: 400;">[07:36] The factors that are more important than comprehensive knowledge when it comes to solving compliance problems. </span></p> <p><span style="font-weight: 400;">[08:12] Benefits of utilizing a “learning-by-doing” strategy.</span></p> <p><span style="font-weight: 400;">[09:38] How to get hold of me if you would like to learn more. </span></p> <p> </p> <p><strong>Show links:</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><stro