FinTech and cryptoasset firms: Governance considerations
May 03, 2023
In light of recent market developments, firms in the FinTech space should be taking steps to review and enhance as needed their internal governance arrangements since these are key to mitigating the risk of misconduct and mistakes and consequential investigations, enforcement and claims, which can significantly impact not only the business but also its staff. Particularly important is ensuring that investment in these perhaps more prosaic matters is proportionate to that being channelled into the development of the business and its commercial growth.