Fintech

Our dedicated team works closely with multiple regulatory bodies across several jurisdictions.

Affinity have assisted clients on many innovative cases in the FinTech sector.

 

Affinity provides tailored regulatory advice and structures to suit each client’s individual requirements, with optimum focus reaching the client’s end goal and applying innovative tax efficient solutions whilst operating within the relevant rules and regulations.

We have built a prestigious reputation in the Isle of Man for providing an exceptional service, which has led to many organic referrals. Our relationship with the regulator, the Gambling Supervision Commission (GSC) in the Isle of Man, and close network of intermediaries trust our business and support our services. We have worked with the regulator on a number of innovative cases we believe is a testament to our position in the sector. An example, we assisted a client in obtaining the first issued token-based software supply licence.

Our fintech team

Mark

Mark O’Neil

Team Leader

Andy Morgan

Group CEO

Alex Gardner

Group COO

Our fintech services

  • Administration services
  • Bank account opening
  • Designated Business Act 2015 Application
  • Fiduciary services, as required under the Designated Business Act
  • Maintenance of accounting records and preparation of financial statements
  • Money Laundering Reporting Officer (“MLRO”)
  • Data Protection Officer (“DPO”)
  • Corporate structuring and Regulatory compliance
  • VAT registration
  • ICO consulting and advisory
  • White Paper drafting / review
  • Advice in relation to fundraising
  • Development of Tokens and smart contracts
  • Assistance with security testing / security audit report
  • Liaison with legal advisors

Read our Guide to Virtual Asset Services in the Isle of Man and the Cayman Islands.

Mark O’Neil

Team Leader

“Affinity work closely with key regulatory bodies such as the Isle of Man Financial Services Authority and the Isle of Man Gambling Supervision Commission (“GSC”) to ensure that clients receive prompt regulatory advice in order to reach their end goal. Affinity are proud to have assisted Blockchain Isle of Man’s stalwart applicant, FunFair Technologies (“FunFair”). Affinity assisted FunFair with becoming part of Blockchain Isle of Man’s regulatory sandbox and also with obtaining the GSC’s first token-based software suppliers licence. Affinity’s partnership with the Department for Enterprise and Blockchain Isle of Man continues to flourish in this ever growing sector. After building such a reputation, Affinity’s team continues to grow from strength to strength in order to meet clients expectations and also continue our personal bespoke service.”

Isle of Man  –  Malta

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