What happens if there are changes in regulations that affect Staria Swisspad?

Staria Network continuously monitors the regulatory environment to stay informed about any changes that may affect our operations. This includes keeping up with updates from the Swiss Financial Market Supervisory Authority (FINMA) and other relevant regulatory bodies.

We are committed to adhering to Swiss laws and regulations, particularly those related to financial transactions, anti-money laundering (AML), and combating the financing of terrorism. Our affiliation with SO-FIT, a self-regulatory organization approved by FINMA, ensures we maintain high compliance standards.

When new regulations are introduced, we conduct a thorough impact assessment to understand how they affect our platform. This involves analyzing the legal requirements and determining the necessary adjustments to our operations.

Based on the impact assessment, we implement the required changes to our platform and processes to ensure full compliance. This may include updating our terms of service, modifying operational procedures, and enhancing security measures.

Transparency is one of our core values. We communicate any significant regulatory changes and their implications to our users promptly. This ensures that our users are well-informed and can adjust their activities accordingly.

Staria Launchpad operates through Crassula S.A., which is affiliated with SO-FIT, a self-regulatory organization approved by FINMA. SO-FIT supervises financial intermediaries as outlined in Article 2, paragraph 3 of the Swiss Federal Law on Combating Money Laundering and Terrorist Financing (LBA).

For more detailed information, you can visit SO-FIT : .

While Staria Launchpad itself is not directly regulated by FINMA, our affiliation with SO-FIT ensures that we adhere to strict compliance standards. SO-FIT provides oversight and ensures that we meet all necessary legal requirements, maintaining high standards of financial integrity and security.

We conduct regular internal audits to ensure our processes and procedures comply with the latest regulations. These audits help identify areas for improvement and ensure we remain compliant with all legal requirements.

Our team undergoes continuous training on regulatory compliance and best practices. This ensures that everyone at Staria Launchpad is equipped with the knowledge and skills to maintain compliance in their respective roles.

We collaborate with legal experts and consultants who specialize in Swiss financial regulations. Their expertise helps us navigate complex regulatory changes and implement the necessary adjustments to our operations.