50 - Window Dressing Versus Undocumented Growth in FinTech

<p><span style="font-weight: 400;">So many FinTech start-ups struggle with compliance, and I have had many people ask me how they can get their compliance in order. I have dedicated today’s episode to answering that question so listen in as I explain the three key components which make up a FinTech compliance structure that is likely to lead to success: pragmatic risk taking, efficient processes, and good documentation and policies.</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;">[00:38] A reminder about our giveaway!  </span></p> <p><span style="font-weight: 400;">[01:34] What sparked my decision to discuss today’s topic.</span></p> <p><span style="font-weight: 400;">[03:07] The three key components which make up a good compliance structure. </span></p> <p><span style="font-weight: 400;">[03:41] How these three key components interact.</span></p> <p><span style="font-weight: 400;">[05:24] I explain what can go wrong when you are missing the documentation component of your compliance structure, using Binance as an example.</span></p> <p><span style="font-weight: 400;">[07:55] Problems that commonly occur when efficient processes have not been put in place.</span></p> <p><span style="font-weight: 400;">[10:23] Why I refer to the disconnect between what companies say and what they do as window dressing.</span></p> <p><span style=