Nexo, a crypto-backed loan issuance protocol, has announced a partnership with the Association of Certified Sanctions Specialists (ACSS) to demonstrate a commitment to compliancy.
The ACSS is a global body of compliance professionals who establish compliance frameworks for financial institutions, law firms, consultancies, and government agencies. Nexo has been focused on compliance since its inception and received a SOC II certification in 2022, and also saw its Compliance and InfoSec departments double in size.
āAs compliance pioneers in an emerging industry, our mission is to maintain the most stringent compliance standards amidst this rapidly transforming landscape.ā -Soniva Boncheva, Head of Compliance at Nexo.
Through this partnership, Nexo aims to further bolster its compliance by ensuring that its team is fully qualified. ACSS compliance professionals will provide training and resources for the Nexo compliance team to further develop their expertise.
