Fintech

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

Affinity has an extensive multijurisdictional service offering 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.

Our fintech team

Mark O’Neil

Team Leader

Andy Morgan - Group CEO

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

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 client’s 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 client’s expectations and also continue our personal bespoke service.”

Isle of Man  –  Malta

Our recent fintech articles

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FUN Token To Reach New Heights As Fun Token Ltd. Takes Charge

Affinity are proud to have facilitated the significant acquisition of FUN Token by Fun Token Ltd., a company based out of the Isle of Man. The acquisition was completed on Friday, 26th February 2021. Affinity are delighted to have represented both the buyer and seller in the seamless execution of the transaction, ensuring that all…

Blockchain-regulation

Blockchain regulation: Inspiring faith in the future of crypto

Affinity Group director Alex Gardner explains why regulation is key to growing mainstream trust in blockchain technology and how the Isle of Man’s regulators are leading the way  For many, blockchain is the great hope for the future of the finance industry. Decentralised, transparent and – theoretically – infallible, distributed ledger technology is here to make banking, lending,…