Abstract

This paper outlines the key challenges of corporate governance for Fintech companies in a pandemic period based on the modern trends of market development and the existing opportunities for private investors to set-up this kind of company internationally. Due to divergences across jurisdictions in the governance regulation author identified the main criteria for comparison offshore jurisdictions to set-up Fintech companies by international investors.

Highlights

  • Nowadays pandemic challenges are performed financial situation globally

  • Research shows that fintech business is the most attractive for investors during a pandemic, as it provides a high level of return on investment and allows payments, transfers and purchases of goods or services remotely

  • As with all business and operational developments, financial services firms need to consider the wide range of risks arising from the use of fintech and ensure that these risks are properly captured within a firm’s risk governance structure and procedures

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Summary

Introduction

Nowadays pandemic challenges are performed financial situation globally. The COVID-19 outbreak has prompted payment market to move with lightning speed toward digital planforms and with that move comes pressing enhanced compliance considerations. Modern conditions of remote customer service by fintech companies define new areas of investment in payment infrastructure and increased compliance risks, such as:

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