Cryptocurrency Custodian Brane Capital Strengthens In-House Regulatory Compliance Expertise and Welcomes Dan Bowering as Senior Compliance Advisor

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TORONTO, July 5, 2021 / PRNewswire / – Brane Inc., a leading cryptocurrency custodian, today announced that Dan Bowering has joined its leadership team as a senior compliance advisor, bringing more than 30 years of experience in regulatory compliance.

Bowering has been working with Brane’s Risk Management and Custody Operations team as a consultant since early 2021, bringing expertise and experience to developing world-class operational policies and procedures based on current standards. established by regulators such as IIROC, OSFI and FINRA.

“Dan has already been instrumental in developing industry-defining policies and procedures that enhance the highly secure custody of Brane’s digital assets – by minimizing risk to our clients in a manner consistent with bank practices. Global custody established, ”said Jerome Dwight, Chairman of Brane and former CEO of Canadian Operations at Bank of New York Mellon. “Adding Dan to our leadership team is another important step in making Brane the perfect combination of an innovative technology company and a regulatory-focused financial institution focused on the security of crypto assets for institutional clients. “

A former Chief Compliance Officer for several large independent wealth management firms, Bowering has held senior compliance roles in numerous banking and investment brokerage environments. He has also lectured and lectured on anti-money laundering, law and governance and risk management at the University of Toronto and Seneca College. Bowering continues to provide compliance expertise and training to a wide range of market participants.

“Brane is leading the charge to bring trust, confidence and credibility to the Canadian crypto ecosystem by providing independent and conflict-free custody for this fast growing asset class,” said Bowering. “I am proud to join a strong and experienced management team committed to regulatory compliance and risk mitigation combined with blockchain innovation. “

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For more information:

Adam Miron, Interim CEO Phone: (613) 986-2422 Email: [email protected]

Founded in 2017, Brane is a blockchain innovation company. Brane helps organizations understand and unleash the power of blockchain and digital assets. Brane Vault, its digital asset custody service, is ISO 27001 certified, the world’s first with cryptocurrency scope, ISO 27017 certified, and NIST Tier 4 the first company in Canada, across all industries, to receive a such certification. Brane Vault offers advanced proprietary technology and processes with numerous provisional patents and is fully insured against theft and crime.

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SOURCE Brane Capital

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