George Town, Grand Cayman, April 12, 2022: HOM DAO is excited to announce its partnership with Provenance, a trusted consultancy based in the Cayman Islands, to bolster its compliance and regulatory framework. The recent vote on the HOM DAO platform solidified Provenance's role as the outsourced KYC-AML consultant and Chief Compliance Officer. This collaboration ensures that HOM DAO remains fully aligned with the legal requirements of the Cayman Islands and British Virgin Islands, promoting transparency and trust within its operations.
Provenance brings extensive expertise in KYC-AML compliance to support HOM DAO's lending and bonding operations. With their guidance, HOM DAO will adhere to the highest standards of regulatory compliance and benefit from essential operational guidelines. Provenance's commitment to staying abreast of evolving regulations will ensure the DAO remains up-to-date and compliant.
The engagement with Provenance reinforces HOM DAO's commitment to transparency, accountability, and responsible governance. This collaboration underscores the organization's focus on adhering to regulatory requirements and building trust among stakeholders.
For more information about Provenance please visit their site at: https://provenance.company/