Financial Innovation Advisory

Financial Services

At RSM Società di Revisione e Organizzazione Contabile S.p.A. we believe that all companies can find in the audit services a reason and a boost for structural internal growth. We therefore offer our statutory and voluntary audit services to listed companies, public interest entities (PIEs), entities subject to intermediate regime (ESRIs), companies belonging to international groups, and the small and medium-sized enterprises (SMEs) that characterize the Italian economic system

We support Banks, ELMIs (Electronic Money Institutions), Payment Institutions, Investment Firms (SIMs), Asset Management Companies (SGRs), Intermediaries, and Fintechs in the understanding, assessment, and execution phases regarding the adoption of Crypto-asset services and relevant regulatory compliance.

Our Services

MiCAR Impact Assessment

Supporting Clients, Banks, ELMIs, Payment Institutions, SIMs, SGRs, and intermediaries in understanding the new regulation governing the Crypto-Assets market.

Regulatory impact analysis of MiCAR
Gap Analysis against current regulations (MiFID II, AML, PSD2)
Analysis of crypto-asset types and implementable services
Outcome: Delivery of a MiCAR Impact Report including Gap Analysis results and a regulatory Roadmap.

CASP Support and Authorization

Assisting Banks, ELMIs, Payment Institutions, SIMs, SGRs, and intermediaries in extending existing licenses regarding notification/authorization procedures to operate as a CASP (Crypto-Asset Service Provider) or to issue crypto-assets. Our support includes consulting for the preparation of the CASP Licensing Package, specifically: drafting the authorization/notification application, defining the operating model, regulatory capital requirements, and establishing policies and procedures

MiCAR Governance and Compliance

The regulatory framework introduces specific organizational requirements for CASPs, including client asset protection, internal control systems, conflict of interest management, and fit-and-proper requirements.
Consulting activities include:

Definition of operational policies and procedures for CASPs
Design and strengthening of internal control systems
Implementation of AML and crypto-compliance frameworks

CASP Implementation

We assist in defining the technological architecture and selecting specialized vendors, providing advisory for the adoption and integration of leading operational solutions. Activities include market solution assessment, technology provider selection, and support for integration with the intermediary’s existing systems.