Wolters Kluwer regulatory expert offers bitcoin banking insights at 2022 Western Bankers annual conference
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
Banks Plus Bitcoin presentation highlights regulatory considerations for Bitcoin, other digital asset offerings
Wolters Kluwer Compliance Solutions regulatory compliance expert Thomas Grundy, Senior Director, CMS and Regulatory Consulting for Wolters Kluwer U.S. Advisory Services, will present a workshop discussion, “Banks Plus Bitcoin: A Look at Essential Regulatory Considerations in Adopting Cryptocurrency Capabilities” to explore the rapidly growing adoption of bitcoin and the digital revolution transforming financial services. The session is part of the Western Bankers’ 2022 Annual Conference for Bank Presidents, CEO’s and Directors, April 22-26 at the Grand Hyatt Kauai Resort & Spa, on the island of Kauai, Hawaii. Grundy’s presentation takes place 10-11 a.m. HST Tuesday, April 26.
The session will focus on some of the basic considerations for banks looking to or starting to provide Bitcoin or other digital asset offerings to their customers, particularly around key regulatory issues and concerns for banks looking to incorporate Bitcoin offerings into their portfolio.
In recent months, federal regulators have sent clear signals that U.S. financial institutions must identify and control for inherent risks related to the facilitation or participation in Bitcoin or other cryptocurrency related activities. Federal regulators have indicated that financial institutions conducting such activities must address a number of risks including compliance risks relating to consumer financial protection, investor protection, and anti-money laundering/terrorism finance laws.
“Regulatory oversight of cryptocurrency transactions is still in the early stages, but it is evolving quickly,” said Steve Meirink, Executive Vice President and General Manager for Wolters Kluwer Compliance Solutions. “Recent regulator calls for innovation in this space are encouraging, as is the growing recognition that such activities should be grounded in the principles of safety, soundness and transparency in ways that will benefit all participants. This workshop promises to be a fascinating session for institutions considering their options for Bitcoin-related transactions.”
Wolters Kluwer is an endorsed partner of Western Bankers, a program the identifies the vendor with the highest quality products and services in a service category. Partners are selected based on their ability to meet WB’s high expectations for product and service quality.
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes.