Building the governance, risk, and compliance bridge between finance and blockchain
This month we share a few articles about risk management and why it is important to consider emergent as well as current risks. We hope these thought pieces help you prepare for a busy fall and year-end.
- Tornado Cash Matter: Sanction Tornado and the development of smart risk-based controls in a Defi environment.
- Blockchain Compliance & Risk Practice Tips: We need more FOMO for risk- Check on your legal and risk framework.
- DAO Risk Framework Announced: A White Hat approach to Management of DAO Risks.
- What You Need to Know about The Merge: A Green Ethereum infrastructure is coming designed to use less energy.
SEC and Other Enforcement
The California state legislature passed the Digital Financial Assets Law, a bill requiring crypto businesses to be licensed. If signed by the governor, it will be a big change for many companies.
Responses to Biden Administration’s Executive Order on Crypto are expected this month!
FBI warning regarding cybersecurity with recommendations for Defi Projects and transaction monitoring.
UAE Regulatory Authority announces new guidelines requiring factual accuracy in marketing virtual assets. Review your marketing against these standards.
FINRA sanctioned National Securities Corp. for failing to disclose material information and attempting to artificially influence the market by attempting to induce purchases in the aftermarket of offering.
Your Compliance & Risk Program
Code of Ethics are an important training topic: Review your training against the latest SEC Risk Alert Investment Adviser MNPI Compliance Issues.