Membrane Finance appoints KPMG as its internal auditor

by
Membrane Finance
EUROe x KPMG

Membrane Finance has appointed KPMG, one of the largest global audit and accounting organisations, to act as its internal auditor to improve its internal auditing capabilities and ensure strict adherence to appropriate risk management practices.

As a regulated EU-based entity overseen by the Finnish Financial Supervisory Authority, Membrane Finance must adhere to stringent regulations and internal processes. Accordingly, Membrane Finance has recognised a need to improve and continually develop its internal auditing capabilities. 

KPMG, a global auditing organisation, was chosen to assist Membrane Finance in improving these capabilities. By appointing an external and independent party to work along Membrane Finance’s internal teams, Membrane Finance hopes to fast-track the development of its organisational and operational maturity while avoiding pitfalls with the help of KPMG’s cumulative global expertise.

“Internal controls are essential for an operationally heavy financial-sector business like Membrane”, comments Juha Viitala, CEO of Membrane Finance. “We recognise our need to develop these controls and related operational processes continually and are excited to have KPMG provide independent and invaluable feedback to our internal teams. KPMG’s presence will uplift the level at which we operate.”

Membrane Finance’s Board of Directors is responsible for arranging and executing appropriate risk management controls and processes. While Membrane Finance’s risk management comprises three lines of defence, a robust internal auditing function is an integral part of ensuring risks do not materialise, and that business continuity is secured at all times.

All articles

EUROe x Polygon

Membrane Finance Launches EUROe on Polygon

by
Membrane Finance
euroe-generic-2

deltaDAO, Membrane Finance, and Polygon Labs bring EUROe to the Gaia-X Web3 ecosystem as main settlement token

by
Membrane Finance
Tokens illustration

Unlocking the Potential of Tokenisation and Stablecoins: The Next Big Thing in Asset Management

by
Juha Viitala
EU building

Stablecoin regulation within the EU remains clear amid uncertainties in the US

by
Patrik Johansson
EUROe now available on Ethereum

Membrane Finance launches EUROe on Ethereum

by
Membrane Finance
EUROe x Fireblocks

Membrane Finance Announces Integration with Fireblocks to Enhance Operational Security of the EUROe Stablecoin

by
Membrane Finance
EUROe x Equilibrium

Equilibrium backs Membrane Finance in building core EUROe systems

by
Membrane Finance
EUROe - Runtime Verification

Runtime Verification completes a smart contract audit for the first EU-based regulated stablecoin EUROe

by
Membrane Finance
Nordic Law

Nordic Law acts as a legal advisor to Membrane Finance

by
Membrane Finance
Membrane Finance Team 2022 Q4

Membrane Finance Announces the First Regulated Euro Stablecoin EUROe and Raises a Seed Round

by
Membrane Finance
Cylinders

What are Stablecoins?

by
Juuso RoinevirtaJuha Viitala
Euro building

What is EUROe?

by
Juuso Roinevirta