As if your job wasn’t tough enough, you also have to deal with the gatekeepers: the regulators. From the legal system, to government agencies, to your company’s legal team, they hold the keys to the game. Whether it’s regulating securities, derivatives and futures, dealing with tax implications, anti-money laundering (AML) protocols, know-your-customer (KYC) regulations or ensuring custody and monitoring to prevent deceptive financial practices, the spectrum of regulation is vast. Like it or not, they’re here to stay and they wield considerable power. In some countries more than others, but in any case, you can’t afford to ignore them. The gatekeepers can have a dramatic impact on your vision and execution. It’s essential to know the rules, learn them inside and out and stick to them, because they can easily block your path to success if you don’t.
