StarCompliance Launches Crypto Asset Pre-clearance Solution to Address Digital Asset Trading Challenges
Highly flexible and adaptable platform ensures alignment with a rapidly changing regulatory environment
ROCKVILLE, Md., 20 April 2023 /PRNewswire/ — StarCompliance (“Star”), a leading provider of employee compliance technology solutions, has launched its new Crypto Asset Pre-Clearance software solution, enabling greater transparency and visibility for employees crypto– trading activities as a first step to reduce conflicts over regulatory compliance. Stars Crypto Asset Pre-Clearance solution fully integrates with Star’s Personal Account Dealing product and provides their existing client base with the consistent user experience they are familiar with across multiple asset classes.
According to Star’s recent Crypto & Compliance Market Survey, which examined how firms in the financial market approach employees crypto-trade compliance, 37% of respondents said they already have an employee crypto-trade policy in place.
“As global regulators and governments continue to crack down on crypto landscape, we wanted to prepare our customers with a solution that would enable them to set up railings to protect their business while providing an easy, frictionless experience for their crypto-trade employees,” said Jennifer Sun, CEO of Star. “Through years of innovative cross-industry compliance solutions, Star’s product not only simplifies the process that improves visibility into employee cyber commerce activities, but also has the technical agility to adapt to the changing regulatory landscape.”
Key benefits of Star’s Crypto Asset Pre-Clearance software solution includes:
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Help companies prevent conflicts related to crypto– trading activities
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Enables companies to set up rules and restrictions as easily as they do with stocks
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Focus on pre-clearance, transaction reporting and the ability to see employee holdings
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Future-ready to quickly adapt to new regulations i crypto trading arena
This new, highly customizable software solution will enable compliance professionals to easily monitor employee requests and approvals crypto asset trading activities, as well as automating any additions crypto– monitoring policies established by the company and regulatory bodies. To learn more, register for Star’s webinar Crypto Regulations: Getting ahead of Crypto Employee compliance curve on Thursday 15 June 2023at 11:00 a.m. ET.
About StarCompliance
StarCompliance is a leading provider of employee compliance technology solutions. Trusted globally by forward-thinking companies in 114 countries, Star’s future-ready compliance platform delivers the on-demand configurability, multi-jurisdictional integrity and actionable intelligence you need to monitor for conflicts, meet regulatory obligations and mitigate risk. Compliance no longer has to be complicated. Check out Star’s intuitive, simple UX and give your employees the multi-layered protection they need to comply with the trust. www.starcompliance.com
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SOURCE StarCompliance
