Michael Thirer, Author at Muinmos

How to Choose the Right Onboarding Solution for MiCA Compliance

MiCA and the Digital Finance Package On the 24th of September 2020, the EU introduced its “digital finance package”. The “package” was a bundle of suggested legislative and policy measures aiming to: The EU hoped the digital finance package “would unleash European innovation and create opportunities to develop better financial products for consumers, including for […]

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Navigating the Evolving Regulatory Landscape in the FX Industry

ESMA, Regulation / Michael Thirer

Introduction The financial services industry, particularly the FX sector, operates in a dynamic regulatory environment. For example, in the EU, MiFID II and MiFIR are currently in a comprehensive review process, scheduled to proceed well into 2025, and include major changes to, among other things, derivatives transparency requirements. And this is, of course, just one

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Additional Benefit from Using RegTechs for KYC – GDPR Compliance

Uncategorized / Michael Thirer

Regulators Encourage RegTech Adoption Regulators worldwide are strong advocates of RegTech solutions for the simple reason that these solutions provide both wider compliance as well as better compliance. Wider compliance – because RegTech solutions significantly reduce the cost of compliance; they make it possible for financial institutions to comply with the abundance of regulations which

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3 Innovative Strategies to Stay Ahead of Competition in the Financial Sector

Financial Institutions, RegTech / Michael Thirer

In today’s fast-paced financial landscape, staying ahead of the competition requires more than just keeping up with regulations. Compliance is no longer just about risk management; it can also be a key driver of business growth. By leveraging innovative strategies, firms can turn compliance into a competitive advantage. In this article, we explore three powerful

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How to Rank the Best KYC/AML Software Solutions – A Practical Guide

Financial Institutions, KYC/AML, Regulation / Michael Thirer

How to rank the best KYC/AML software solutions is a question a lot of compliance officers ask themselves – and we, as a provider of what we consider to be the absolute best KYC/AML software solution in the market, often ask ourselves as well. As our client onboarding platform is all about grading and giving

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The ‘Data Finder’ and the ‘Workflow’ – What to Look for in a KYC/AML Solution?

KYC/AML / Michael Thirer

There are a lot of companies out there offering KYC/AML solutions but they aren’t all offering the same thing. In fact, KYC/AML solutions generally fall into two distinct categories – ‘the data finder’ KYC/AML solution and ‘the workflow’ KYC/AML solution. And then Muinmos came along and we added a category all of our own ‘the

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Author name: Michael Thirer