Compliance That Makes Sense

For various reasons, compliance professionals often struggle to confront their senior management about work-related issues that they are experiencing. In this episode, I explain what the the NLP (Neurolinguistic Programming) methodology is and how it can be used to overcome this problematic tendency!

If you found value in this episode, I would really appreciate it 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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[00:41] The inspiration behind today's episode.

[02:38] Why compliance professionals often choose not to confront senior management when experiencing issues.

[04:03] A real-world example of the problems that can arise when compliance professionals avoid confrontation.

[06:33] Communication issues being experienced at Binance.

[08:44] An overview of the NLP methodology.

[10:09] Where you can learn how to use the NLP methodology.

[10:55] Examples of the NLP methodology in action.

[11:50] The value of using the NLP methodology in compliance.

[12:42] Sign up for assistance on your compliance journey using the links below!

[13:25] What it takes to be a compliance professional.

Show links:

• Full Certification program details below: https://yana-afanasieva.mykajabi.com/certification And if you need a template for the reimbursement letter request asking your company to sponsor this training, download it here and send it to your boss.

• Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.

The world we live in is characterized by unpredictability. Responding to unpredictable situations with "we have to do something" is a trap that can have very negative outcomes so in this episode, I share how you can better prepare for the future without wasting your time and money!

If you found value in this episode, I would really appreciate it 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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[00:37] An overview of today's topic; preparing for the future.

[01:45] The unpredictability of our world.

[03:03] Jeff Bezos' philosophy for long-term planning.

[04:30] A common approach to dealing with projects that aren't meeting one's expectations.

[06:33] Characteristics of compliance officers that will remain relevant in the long term.

[07:23] Comparing situations where doing more is appropriate and where it is a very bad idea.

[09:14] Why "we have to do something" has become such a common refrain.

[11:36] The realization about big companies that many start-up founders have had in recent years.

[13:00] The unpredictable actions of financial regulators.

[14:30] Examples of the irrational decisions that are being made across the world.

[17:21] What to do when you are under pressure to take action.

[20:05] The benefits of joining the Compliance Collective.

Show links:

• Learn to be valued as a FinTech compliance expert - sign up for the Compliance Collective here!

• Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.

In today's special episode, I am joined by my life coach, Lisa Carpenter, to discuss crypto, women, technology, risks, and life!

Lisa works with women who have high career ambitions and who also want to maintain their health and well-being. I've been seeing her for a few years, finding the experience enormously valuable in helping me through life's ups and downs. From understanding the risks of investing in crypto to regulation in the AI space to the fears that hold us back and lots more, this enlightening conversation will give you a comprehensive overview of some of today's hottest topics!

If you found value in this episode, I would really appreciate it 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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[02:42] An introduction to today's special guest, life coach Lisa Carpenter.

[05:38] How women's relationship with money needs to evolve.

[07:29] A brief history of Bitcoin.

[14:33] Different types of cryptocurrencies.

[17:58] A new way of thinking about the potential risks of investing in crypto.

[23:14] Some of the many benefits of investing in crypto.

[27:03] How to store your crypto.

[29:08] Understanding regulation and compliance in relation to crypto.

[34:19] A risk of investing in crypto and how to mitigate it.

[35:37] The importance of diversification in your crypto investment strategy.

[36:45] Exploring 'just in time' versus 'just in case' compliance.

[43:00] An overview of the various facets of my job.

[44:00] Fundamental principles for all compliance professionals.

[46:40] What social norms are and why I think they are often counterproductive.

[51:19] My perspective on regulating AI.

[55:30] The broad-ranging applications of AI technology.

[57:36] Why you shouldn't avoid risk and uncertainty.

[59:30] The value of consulting, life coaching, and personal development.

Show links:

• Listen to Lisa's Sustainably Strong Private Podcast here.

• Listen to Lisa's Protect Your Energy Private Podcast here.

• Connect with Lisa via Instagram.

• Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.

Crypto staking has been in the spotlight recently, and as a result, it is undergoing a transformation. In this episode, we are going to cover what staking is, how it works, why regulators are concerned about it, and the key elements you need to keep in mind if you are going to offer it. I also explore Kraken as a case study of how staking can go wrong.

If you found value in this episode, I would really appreciate it 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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[00:40] An overview of what I will cover in today's episode.

[01:28] Why crypto staking has been receiving a lot of attention recently.

[02:22] Available guidelines related to crypto staking.

[03:35] The definition of crypto staking.

[04:11] Blockchains that offer staking.

[04:57] How staking works and what the benefits are.

[06:43] The lock-up period that staking requires.

[07:53] How staking-as-a-service works and why regulators have imposed parameters on it.

[10:39] Regulators' main concerns regarding staking.

[13:30] Where to access my free detailed guide to launching compliant crypto staking.

[14:37] How staking can go wrong: the Kraken case study.

[20:41] FINMA's approach to staking.

Show links:

• Access Your Free Guide to Launching Compliant Crypto Staking here!

• Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.

Welcome back to the Compliance That Makes Sense podcast! In the coming episodes, we're going to be delving into topics related to the technological developments that are changing our world.

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Are you a techno-skeptic or part of the effective accelerationism movement? In this episode, I explore the beliefs held by these opposing camps and share my thoughts about technological development, capitalism versus socialism, and why too much regulation is a bad thing for the compliance profession.

If you found value in this episode, I would really appreciate it 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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[00:33] Welcome back!

[01:27] The new direction for this podcast.

[02:23] One of the hottest current debates in the FinTech world.

[04:21] An overview of the beliefs of the effective accelerationism (e/acc) movement. Marc Andreessen Manifesto. https://a16z.com/the-techno-optimist-manifesto/

[05:10] What techno-skeptics advocate for.

[05:58] Sam Altman and Elon Musk's sentiments regarding technology regulation.

[07:06] Why so many compliance professionals side with techno-skeptics.

[08:43] Who Guillaume Verdon is and what he has done for the world. Interview on Lex Fridman podcast: https://www.youtube.com/watch?v=8fEEbKJoNbU

[10:30] Why I believe that more regulations will negatively impact the compliance profession.

[13:33] Common fears relating to technological development and why I do not have these fears.

[15:50] The mass demoralization campaign that I believe we are in the midst of.

[16:21] A snapshot of what it was like to grow up in the USSR.

[17:22] What I have learned from working on projects in developing countries.

[18:20] What I hope the future holds for the compliance profession.

Show links:

• Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.

Do you thrive during emergencies, or do you prefer leading your team through phases of growth? In our last episode of 2023, I explore Ben Horowitz's concept of wartime and peacetime CEOs, and I share how I discovered my own leadership style.

If you found value in this episode, I would really appreciate it 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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[00:39] Why I am currently obsessed with Ben Horowitz.

[01:53] Hard decisions that I made in 2023.

[03:36] An overview of the "peacetime versus wartime CEO" concept.

[03:51] Key characteristics of a wartime CEO.

[05:10] Key characteristics of a peacetime CEO.

[07:01] Problems that can arise when a CEO employs wartime policies in a non-emergency situation.

[08:38] Examples of what can go wrong when a CEO is unwilling to admit that the company is going through a turbulent time.

[09:50] The leadership style that I tend towards.

[11:13] Happy holidays!

Show links:

• Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.

CZ, the CEO of Binance, stepped down in November 2023 in the wake of a number of money laundering charges and procedural misdemeanors. In this episode, I share what the future holds for Binance and how the company's decay is going to impact the crypto industry as a whole.

If you found value in this episode, I would really appreciate it 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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[01:13] Topics we are going to cover during this episode.

[01:26] Why the Binance CEO stepped down in November 2023.

[02:16] What the future holds for Binance and CZ.

[04:34] Similarities between the way Binance and FTX.

[06:14] What I admire about Binance.

[07:04] Changes that are expected to take place within Binance.

[08:13] How the decay of Binance is likely to impact the crypto industry.

[09:39] What cryptocurrencies offer that traditional finance does not.

[10:20] The era that is ending with the fall of Binance.

[12:05] How CZ helped advance the crypto space.

[13:19] Happy holidays!

Show links:

• Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.

If you think that your role as a compliance officer is to provide accurate and extensive information to your company leaders and you're confused about why you aren't being promoted and why your boss doesn't seem to take you seriously, listen to this episode to understand why you need to change the way you think!

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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[00:39] An overview of today's topic.

[01:03] What most people have wrong about compliance.

[02:30] Why there is such a high turnover rate of FinTech compliance leaders.

[05:02] Why FinTech CEOs often take advice from external sources rather than internal experts.

[06:05] How to ensure that your opinion, as a compliance leader, is well-received in your company.

[07:03] Common challenges that arise in relationships between FinTech CEOs and their compliance leaders.

[09:44] Benefits of using a cost/benefit analysis to evaluate compliance proposals.

[11:02] The three main principles that a cost/benefit analysis should be guided by.

[12:50] Where you can access my workshop on compliance performance.

Show links:

• To learn how to create your 2024 compliance plan and get it funded, click here!

• Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package!

• I would love to invite you to sign up for my newsletter. If you are interested, please click here.

For various reasons which I share in today's episode, many FinTech companies are now establishing their global headquarters in the UAE. Tune in today to hear how the UAE has become the new Switzerland when it comes to the FinTech space!

If you found value in this episode, I would really appreciate it 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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[00:38] An overview of the current trend towards the UAE in the FinTech space.

[01:55] Updates that I have made to the FinTech Compliance Self-Starter Package.

[02:44] How Switzerland's approach to FinTech has changed over the last few decades.

[03:21] Examples that highlight Switzerland's increasing transparency.

[05:40] Factors that make the UAE appealing to FinTech companies.

[07:51] The UAE's approach to categorizing risk in comparison to the approach adopted by the EU.

[08:55] Potential problems with operating out of the UAE.

[10:25] Advice for anyone considering opening a company in the UAE.

[11:05] A call to share your own stories about conducting business in the UAE.

Show links:

• Interested in FinTech compliance? – Consider investing in the FinTech Compliance Self-Starter Package!

• Want more insights about FinTech and Compliance delivered directly to your inbox? Let's stay in touch! Click here.

"Hire slow, fire fast" has become a common adage in the working world. In today's episode, I am going to explain why this approach does not work well in the world of FinTech compliance and what FinTech leaders should be doing to find the right fit for their companies instead!

If you found value in this episode, I would really appreciate it 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! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.

Today's episode:

[00:42] An overview of today's topic.

[01:42] Problems with using a "hire slow" approach in the FinTech compliance sector.

[03:32] Common mistakes that FinTech leaders make when hiring compliance professionals.

[04:29] Skills to look for in a potential compliance hire.

[05:30] The immature approach to firing a compliance leader.

[06:51] Why FinTech managers often delay letting their compliance leaders go.

[07:31] The difference between how good and bad managers deal with the firing of a compliance leader.

[09:32] A summary of the reasons I disagree with the "hire slow, fire fast" adage.

Show links:

• Interested in FinTech compliance? – Consider investing in the FinTech Compliance Self-Starter Package!

• Want more insights about FinTech and Compliance delivered directly to your inbox? Let's stay in touch! Click here.