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FV Bank and IFI Collaboration: Elevating Compliance Education

In a significant move to strengthen compliance and risk management across the globe, FV Bank has announced the launch of a comprehensive training initiative in partnership with the Institute for Financial Integrity (IFI). This strategic collaboration emphasizes FV Bank's commitment to maintaining the highest standards of financial integrity as it continues to expand its digital banking services.

Luis González, the Compliance Director at FV Bank, highlighted that the digital bank is dedicated to integrating traditional finance with digital assets while placing a strong focus on compliance and transparency. He remarked, "As a regulated digital bank bridging traditional finance and digital assets, compliance is at the heart of everything we do. Our partnership with IFI bolsters our ongoing efforts to cultivate a compliance culture throughout our organization and ensure that our team stays ahead of evolving global standards."

The DOLFIN Platform

The educational initiative utilizes IFI's proprietary training platform, DOLFIN, which has been tailor-made to equip FV Bank employees worldwide with essential knowledge and tools. The program features an array of training modules designed to cover various critical aspects of financial compliance, including:

• - Mandatory Annual Training: This includes e-learning modules focused on key subjects such as Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), global sanctions, bribery and corruption prevention, fraud, and the integration of digital assets and blockchain technology.
• - Centralized Resource Hub: The platform provides a carefully curated central repository offering interactive risk management tools, analytics, webinars, an AI-based compliance assistant, and more.
• - Ongoing Learning Opportunities: Employees will have access to a library of learning plans, courses, and role-based videos to ensure continuous education and skill enhancement.

Danny McGlynn, President of the Institute for Financial Integrity, expressed pride in supporting FV Bank's mission to enhance its regulatory compliance framework through robust education and training. He stated, "At IFI, our mission is to promote regulatory compliance and risk management practices across the global financial ecosystem. We are proud to assist FV Bank in strengthening its compliance framework throughout the organization with education and training that empower employees to respond effectively to emerging financial crime risks."

About the Institute for Financial Integrity

The Institute for Financial Integrity dedicates itself to empowering financial integrity professionals worldwide to protect the global financial system from illicit use. Through DOLFIN, it offers training, online education, and certifications aimed at fostering a culture of compliance within financial institutions.
For further details, you can visit finintegrity.org.

About FV Bank

FV Bank is a global digital bank regulated by the Office of the Commissioner of Financial Institutions (OCIF) in Puerto Rico. Providing integrated banking services for both traditional and digital assets, FV Bank offers solutions that are secure and regulated for fiduciary and digital assets, supporting clients across the entire financial ecosystem. More information is available at fvbank.us.