Advisory love: advisors from Ernst & Young have joined the Polybius team
In the world of big business, advice costs money, and advisors work well-paid. Because without the advice of experienced specialists in many areas of life and step you can’t do anything without breaking something - especially in such a field as banking. That is why we are so glad to tell you that the advisory team of the newly created Polybius Bank has noticeably increased at the expense of the Swiss office of EY, formerly known as Ernst & Young. Consultants from the " big four auditor " in the banking country itself in the world - this is a weighty acquisition for a novice bank.
We met the team of the Swiss office of Ernst & Young at the BlockchainUA conference in March in Kiev. They were interested not only in the idea of a cryptobank as such, but also in how well our ideas fit into the newest regulations of the European Union.
Here we need to make a small digression: at present, the European Parliament, like other authorities around the world, is actively developing new rules and principles for electronic services. This reduces legal uncertainty and stimulates business to go online. We have carefully studied the latest trends, including the regulation of both electronic IDs, electronic signatures (QES) and guarantee services, and the aggregation of payment services taking into account the PSD2 (Payment Services Directive) directive, the provisions of which come into force in 2018. New regulations open up new opportunities :
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It is easy to see that the idea of a universal, virtual, ultra-modern and most secure bank with low rates due to the high degree of automation and the use of specialized AI fits here like a glove.
Accompanying the “Polybius” project at EY, in addition to Daniel, will be the maintenance managers of financial services Waldemar Scherer and Sven Moeller.
The advisers of “Polybius” from EY note how competently bold and unconventional moves, such as workflow on the blockchain and remote user identity verification systems for interaction with commercial and government structures, fit into the newest EU regulations.
Polybius Cryptobank, a project established by the Polybius Foundation, is a payment institution that offers a classic banking service that runs on the most modern technologies that meet the most stringent requirements of European legislation.
Money for the launch of the project will be collected during the ICO campaign, during which the tokens will be placed. The goal of the campaign is to collect at least $ 10 million. 20% of the annual profits of the bank will be distributed annually among the holders of all tokens as dividends. In order not to miss the ICO start date and bonuses for the first buyers of tokens, subscribe to the newsletter on Polybius.io or our Telegram , where we answer all questions in real time.
We met the team of the Swiss office of Ernst & Young at the BlockchainUA conference in March in Kiev. They were interested not only in the idea of a cryptobank as such, but also in how well our ideas fit into the newest regulations of the European Union.
Here we need to make a small digression: at present, the European Parliament, like other authorities around the world, is actively developing new rules and principles for electronic services. This reduces legal uncertainty and stimulates business to go online. We have carefully studied the latest trends, including the regulation of both electronic IDs, electronic signatures (QES) and guarantee services, and the aggregation of payment services taking into account the PSD2 (Payment Services Directive) directive, the provisions of which come into force in 2018. New regulations open up new opportunities :
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- promoting further integration and optimization of the European payment services market;
- ensuring equal competition conditions for money transfer operators, including new market participants;
- increasing the security of the payment infrastructure;
- assistance in reducing tariffs and fees for the provision of payment services.
It is easy to see that the idea of a universal, virtual, ultra-modern and most secure bank with low rates due to the high degree of automation and the use of specialized AI fits here like a glove.
We are impressed with the coherence of the Polybius team and how well their ideas fit into the opportunities offered by the changes in European legislation.
- Daniel Haudenschild, EY Swiss Office Partner
Accompanying the “Polybius” project at EY, in addition to Daniel, will be the maintenance managers of financial services Waldemar Scherer and Sven Moeller.
The advisers of “Polybius” from EY note how competently bold and unconventional moves, such as workflow on the blockchain and remote user identity verification systems for interaction with commercial and government structures, fit into the newest EU regulations.
About Us
Polybius Cryptobank, a project established by the Polybius Foundation, is a payment institution that offers a classic banking service that runs on the most modern technologies that meet the most stringent requirements of European legislation.
Money for the launch of the project will be collected during the ICO campaign, during which the tokens will be placed. The goal of the campaign is to collect at least $ 10 million. 20% of the annual profits of the bank will be distributed annually among the holders of all tokens as dividends. In order not to miss the ICO start date and bonuses for the first buyers of tokens, subscribe to the newsletter on Polybius.io or our Telegram , where we answer all questions in real time.
Source: https://habr.com/ru/post/403787/
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