Kendra L. HaarKendra L.Haar

Managing nationwide and state-specific money transmission licensing initiatives (fiat and virtual currency) for companies ranging from start-ups to established organizations with a global footprint

Advising on the design and implementation of compliance programs, including AML/BSA, KYC, Transaction Monitoring, Internal Audit and more

Managing the application and chartering process of limited purpose trust companies, established for the purpose of safekeeping digital assets

Directing the regulatory process for offering state-chartered trust company services nationwide

Managing the change of control approval process

Providing guidance on compliance approaches relating to payment processing, acting as a payment facilitator, operating a marketplace, bill pay services and additional products and services

Offering creative, compliant solutions to compliantly leveraging existing licenses in order to offer new services to customers (e.g., Authorized Delegate arrangements, Agent of the Payee and other alternatives)

Driving material change requests, Asset Vetting Policy processes and other policies/procedures before the NYDFS

Representing clients in response to state regulator inquiries relating to money transmission compliance (e.g., examination preparation and response, as well as navigating enforcement action postures)

Representing clients in response to federal regulator examinations related to federal MSB compliance and the BSA