WHO WE SERVE

Emerging FinTech & RegTech Businesses

RegTech, FinTech, and other companies operating within evolving regulatory frameworks.

Regulatory requirements for emerging and regulated businesses evolve as the business scales. Decisions made early about compliance structures, controls, and reporting are often assessed later by examiners, Legal Advisors, or boards, frequently with more context than was available at the time.

Common needs:

Understanding exposure across AML/CFT, sanctions, FATCA/CRS, and related requirements
Interpreting regulatory expectations within evolving business models and technologies
Addressing gaps identified through independent review and validation
Preparing for regulatory review, licensing, and ongoing oversight
Ensuring consistent application of regulatory requirements as the organization scales
Building internal capability through targeted, role-specific training

“We quickly realized that mitigating against occupational fraud is a very worthwhile investment. Foodman CPAs helped us establish a Code of Conduct, a formal Internal Audit Department, an Anti-Fraud Policy, and an Employee Fraud Training Program."

— Health Care Company, Miramar, Florida

How the work applies

In Practice

Each engagement is shaped by the business model, regulatory environment, and stage of compliance development.

Detecting and Reporting Export Control Evasion

Several institutions identified gaps in their ability to detect and monitor suspected export control evasion. Following joint guidance from the Department of Commerce Bureau of Industry and Security and FinCEN, institutions were required to strengthen monitoring, SAR filing procedures, and internal training.

Foodman CPAs & Advisors assessed the gap between existing internal procedures and current regulatory expectations and developed targeted training to equip compliance teams with the knowledge to detect, document, and report suspected evasion activity.

Services applied: