We are excited to announce that FINTRAIL and Elliptic have partnered up to launch the ‘Cryptoasset Compliance Virtual Bootcamp’ series.

This bootcamp series will focus on the key pillars that we see as vital to a strong cryptoasset financial crime risk management framework.

Session 2: Assessing and Getting to Grips with the FinCrime Risks

Cryptoassets present specific financial crime risks and feature heavily in some typologies more than others. Understanding these risks and executing a crypto-specific risk assessment is critical to managing risk exposure, whether your platform offers cryptoasset services directly or not. If you are a cryptoasset business, do you understand which fincrime typologies present the highest risks to your platform? Do you offer privacy coins or other services that may present an elevated risk to your profile? If you are a FinTech or bank, while you may not offer cryptoasset services, do you understand crypto-specific typologies that may expose your business to indirect cryptoasset risks that are sometimes very difficult to detect? This session will equip you with the know-how you require to conduct an effective cryptoasset risk assessment for your business. 

• Key takeaways: an understanding of different types financial crime risks, how they present themselves within cryptoassets, and how your business can assess these risks.