Fintech law services https://www.fintecharbor.com/fintech-lawyer/ For each project in the field of alternative finance, it is necessary to determine the functions and activities that it can (and cannot) carry out within the framework of the chosen regulatory regime. In the event that the chosen jurisdiction has special regulation, it is highly likely that a special license will be required to conduct activities in the field of alternative finance, for which the project will need to bring the business model in line with regulatory requirements. Such requirements may include rules on information disclosure, advertising campaigns, operational and management activities, implementation of control and security systems, regulation of the process of accepting new customers (onboarding), etc., AML/CTF compliance.