In this episode of Compliance Champions, Delphine Forma speaks with Sugandhi Govil, Director Compliance, APAC at Circle, about what it takes to build trust and operate a compliance programme for regulated stablecoins — from governance and compliance by design to managing financial-crime risk at network speed.

They explore how the speed and transparency of blockchain networks shape compliance, providing visibility into risks beyond an issuer’s direct customer relationships and enabling secondary-market monitoring and faster identification of emerging typologies. They also discuss why effective risk management requires collaboration across the ecosystem and how blockchain analytics and AI are changing financial-crime monitoring and investigations.

Finally, Delphine and Sugandhi look at the evolving regulatory landscape across APAC, including growing convergence around governance, reserve backing, transparency and AML/CFT controls, and why regulated stablecoin issuers should not simply be viewed through the same lens as the broader crypto ecosystem

They discuss:

• Building trust through strong governance, controls and execution
• Compliance by design and why compliance needs a seat at the table from the outset
• Managing financial-crime risk at network speed
• Blockchain transparency and secondary-market monitoring
• The importance of an ecosystem approach and information sharing
• Emerging financial-crime risks and the role of blockchain analytics and AI
• Navigating the evolving regulatory landscape across APAC
• How regulators are approaching regulated stablecoin issuers