Case Study of a EU Based FinTech Company
1.Structure and background:
How was it formed. What are its objectives. Discuss the structure of the company. How is it financed.
2.Discuss the following:
– Board of directors: the structure of the Board. Risk Management. Have they a Chief Security Officer? Quality of the Board. Is there independence on the Board?
– Data protection & cybersecurity arrangements: GDPR compliance report? Cybersecurity arrangements? Any criticism?
– Compliance with: PSDII, EMD, MiFIDII, AML (discuss any 2). Is there anything to suggest they are not compliant?
3.Overall governance quality and soundness of the fintech
Is it a company you would use? Would you invest in it? Is it of sound governance? Is it safe? As a regulator, would you be worried about it?