In the corporate world of the startup, many entrepreneurs have been forgiven shortcomings because investors believe in the end they will make it. As we all know, not all of these startups do make it. So why do some of us feel as though startups are somehow exempt from compliance requirements that apply to established businesses in the same industry?
Within financial services, a combination of factors, including the global financial crisis and advances in technology, have given rise to challenger banks, FinTech, and RegTech firms, but have these new regulated firms adhered to the regulated rule book?
