Public Key
Risk Management in TradFi and DeFi
Apr 15, 2025
Kamran Choudhary, Technical Director for Anti-Financial Crime at BCB Group, discusses the dramatic shifts in risk management driven by technology in both traditional finance and DeFi. He highlights how AI and crypto reshape compliance practices and the regulatory landscape, including MiCA and stablecoins. The conversation addresses the pressing need for cybersecurity following crypto hacks and the evolving role of compliance officers as strategic assets. Kamran also explores the growing integration of on-chain and off-chain data to combat financial crime risks.
38:42
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Technological advancements like AI are revolutionizing compliance frameworks, making them critical for legitimacy in both TradFi and DeFi.
- The evolving regulatory landscape, including frameworks like MiCA, poses challenges in balancing innovation with consumer protection in the crypto industry.
Deep dives
The Evolution of Compliance and Risk Management
Over the past decade, compliance and risk management in the financial sector have experienced significant transformations, largely influenced by technological advancements. Professionals in compliance roles are now expected to be more data-driven, utilizing sophisticated tools like AI and machine learning to enhance their effectiveness. The emergence of new regulatory frameworks has also shifted the focus towards accommodating innovations like cryptocurrencies, which were once considered fringe. This evolution reflects a broader trend of integrating compliance as a strategic priority rather than a mere back-office function, which is now recognized as essential for business legitimacy.
