MiCA Masters: Risk assessments as a foundation

Alessio Capriati, Head of AML at Hercle, joins Solidus Labs’ Delphine Forma to explore why risk assessments must come first in any compliance strategy especially under MiCA. Drawing on his traditional finance background and experience spearheading Hercle’s licensing efforts in Italy, Alessio shares:

• How Hercle is preparing for MiCA and adapting its operations for crypto asset regulation
• The importance of internal alignment, training, and risk-based planning
• Challenges of dual transaction monitoring for fiat and crypto
• Insights into market abuse typologies faced by market makers—and how to mitigate them
• How AML tools, Travel Rule implementation, and strong regulator relationships drive compliance culture

Whether you’re submitting your MiCA application or refining your AML program, this episode is filled with tactical advice, candid insights, and lessons learned from the front lines.