Charles is the Vice President of Regulatory Analysis and Design at Sovos. When he signed up to become an indirect tax expert nearly 20 years ago, he had no preconceived notions about his work garnering significant public attention. Today, Charles is a respected industry voice routinely appearing in publications such as the Wall Street Journal, Forbes and Bloomberg. He has been listed among Accounting Today’s Top 100 Most Influential people for four years.
2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer.
Most sellers want to be compliant. Companies are frequently found ‘out of compliance’ when they did not know a requirement existed, did not understand it, did not understand it applied to them, or did not have the necessary time to put the processes in place that would have enabled compliance.