Regulatory Licensing & GDPR Compliance

Advision specializes in supporting Financial Institutions (FIs) and the Web3 market with their regulatory licensing needs. Leveraging our extensive international partnerships, resources, and expertise, we also provide these services to other industries requiring regulatory guidance

How We Help

Our team works closely with you to

Assess Requirements

Provide tailored advice on the licensing, approval, and permission needs specific to your company’s products and services

Develop a Strategy

Guide you in preparing comprehensive and accurate submission documents

End-to-End Support

Assist you throughout the entire regulatory approval process, ensuring clarity and efficiency from submission to final approval

Global Regulatory Expertise

With extensive experience navigating global regulatory frameworks, Advision collaborates with leading authorities, including:

  • CNAD (Comisión Nacional de Administración de Divisas – El Salvador)
  • DNB (De Nederlandsche Bank – Netherlands)
  • VARA & DIFC (Virtual Asset Regulatory Authority & Dubai International Financial Centre – UAE)
  • FSCA (Financial Sector Conduct Authority – South Africa)
  • CSA (Canadian Securities Administrators – Canada)

Our expertise extends to specialized licensing categories, including:

  • VASPs: Licensing and compliance for Virtual Asset Service Providers
  • EMIs: Supporting licensing for payment providers, e-wallets, and remittance services
  • MiCA: EU-wide licensing under Markets in Crypto-Assets Regulation
  • PSPs: Enabling PSD2 compliance for Payment Service Providers and gateways
  • Crowdfunding & P2P Lending: Guiding platforms to meet regulatory standards
  • Fund Management & AIFMs: Licensing for hedge funds, private equity, and investment managers
  • Shariah-Compliant Financial Services: Supporting ethical and Islamic finance licensing

Advision ensures your licensing journey is efficient, compliant, and aligned with global standards, empowering your business to thrive in an ever-evolving market.

GDPR Compliance

Advision provides comprehensive services to help businesses achieve and maintain compliance with the General Data Protection Regulation (GDPR). Our approach ensures your organization meets regulatory requirements while safeguarding personal data and building trust with customers and stakeholders.

Why Choose Advision for GDPR Compliance?

Expertise

Our team brings extensive knowledge of GDPR requirements and data privacy best practices, ensuring your compliance efforts are effective and efficient

Tailored Solutions

We adapt our services to your organization’s specific needs, industry, and data processing activities

Risk Mitigation

Our proactive approach minimizes data privacy risks and enhances your organization’s reputation for protecting personal data

Sustainability

We provide long-term solutions that grow with your business, ensuring continued compliance in a rapidly changing regulatory landscape

Advision’s GDPR compliance services not only help you meet regulatory standards but also build a strong foundation for trustworthy and transparent data protection practices.

Our GDPR Services Include:

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1. Development and Implementation of Data Protection Policies

Customized Policies

Drafting and implementing tailored data protection policies to align with GDPR standards and your business operations

Data Governance Frameworks

Establishing clear roles, responsibilities, and procedures for data management and compliance

Privacy Notices

Creating GDPR-compliant privacy notices and ensuring transparent communication with data subjects

2. Data Privacy Impact Assessments (DPIAs) and Risk Evaluations

Risk Assessments

Identifying and evaluating risks in your data processing activities, including sensitive data handling and automated decision-making processes

DPIA Documentation

Preparing and maintaining DPIA reports to demonstrate compliance and accountability

Mitigation Strategies

Developing actionable plans to reduce identified risks and ensure ongoing compliance

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3. GDPR Requirements and Compliance Assistance

Data Subject Rights Management:

Assisting with processes for responding to data subject requests, such as access, rectification, erasure, and data portability

Cross-Border Data Transfers

Implementing safeguards, such as standard contractual clauses (SCCs) and binding corporate rules (BCRs), for compliant data transfers outside the EU/EEA

Record-Keeping and Reporting

Ensuring accurate documentation of processing activities and supporting regulatory reporting needs

4. GDPR and Data Security Training

Employee Training Programs

Delivering tailored training sessions to educate employees on GDPR principles, responsibilities, and data security best practices

Management Workshops

Guiding leadership teams on implementing GDPR-compliant strategies and fostering a culture of data protection

Scenario-Based Learning

Using real-world examples and case studies to help employees understand potential risks and compliance challenges

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5. GDPR Compliance Audits and Monitoring

Compliance Audits

Reviewing current data protection practices to identify gaps and recommend improvements

Ongoing Monitoring

Establishing continuous compliance monitoring to adapt to regulatory updates and organizational changes

Third-Party Vendor Assessments

Evaluating vendor contracts and ensuring third-party compliance with GDPR obligations