read online Best A Guide to Financial Regulation for Fintech Entrepreneurs – Z55z.co

The Fintech Entrepreneurs Guide to Regulation and Regulatory Strategy Fintech has been growing dramatically over the last few years, and it is now an important sector in its own right This means that Fintech companies, who could so far often rely on a comparatively lenient regulatory regime, will now have to give serious thoughts on compliance with applicable regulatory rules Operating in a highly regulated environment is tedious, but not all badcompanies that can play the regulatory game well have a strategic advantage, especially with regard to time to market and scaling Nothing spells missed opportunity like a competitor building market share with a copycat product whilst you are still waiting for your license Written for professionals, this book helps anyone whose job has to do with formulating or executing a Fintech startup strategy or whose job touches financial services regulation, or anyone who simply wants an easy to read introduction to financial services and their regulation Describes the purpose of and principle behind modern financial services regulation Explains how to include regulation into a startups strategic planning to optimize time to market and scaling Gives an overview of the entire financial services space, and which regulations apply where Gives detailed references tokey regulations in the EU regulatory system, including PSD, GDPR, CRD, AMLD, MiFID, UCITSD, AIFMD The first part introduces financial services regulation, its purpose, how it is created especially in the EU and in the US , and it develops a framework for including regulations into the strategic planning of a company It also gives a rundown of the current financial services spaceplayers and productsand its key regulations The second part describes a regulatory system in detail The system chosen is the EU because it is consistent and unified than the US system where a lot of the regulation still is created at the state level However, as most financial regulation nowadays is determined at the global level, the principles found in EU regulation will be by and large also be found the US and other systems It s an excellent book and it is very well written A great introduction into financial services and their regulations, not just suitable for Fintech entrepreneurs, but really for everyone starting out in finance The reference section is especially helpful it is like a big table of contents for the most important regulations Finally someone had the stamina to sift through financial services regulation and identify what s relevant for fintech The book is very well structured, has an excellent overview of who is who in the regulatory space and a handy index of regulatory terminology. This is a really useful reference guide that helped me understand the regulations in what is a highly complex environment.Gave me confidence to proceed with our developments.