Anna Fryklund is the new Chief Compliance Officer at 0TO9, FinansWatch reports. She took up the role in August and has a seat in the group management team.

Her remit includes developing 0TO9's compliance programme, working in tandem with Filip Hildebrandt, the group's chief operating officer and head of AI.

From the supervisor's side to the founder's

Fryklund has worked with financial regulation from several positions. As a lawyer at Finansinspektionen, the Swedish Financial Supervisory Authority, she was responsible for licensing matters and for implementing EU rules into Swedish law. 0TO9’s own press release also highlights Fyklund's eleven years at FCG, now Advisense, where she was, among other things, a partner and head of Legal & Compliance Advisory in Sweden.

that during her eleven years at FCG, now Advisense, she held several senior positions, including Partner and Head of Legal & Compliance Advisory in Sweden.

Why 0TO9 builds its compliance programme in-house

Tord Topsholm, CEO of 0TO9, tells FinansWatch that compliance across many countries means working with multifaceted systems, and that this is exactly where 0TO9 wants to build its portfolio companies and its own business.

"That is why we build our compliance programme ourselves, with our own engineers, mathematicians and lawyers who know our business," he says.

Topsholm points to the range of Fryklund's experience: she has tested the rules from Finansinspektionen's side, built a business of her own and carried the responsibility as a chief compliance officer. "She knows both what supervision requires and what an entrepreneur needs," he says.

For a group that finances, starts and runs financial businesses in regulated form, the appointment brings experience from inside the supervisor into the group management.

Read the full piece by Jesper Mothander in FinansWatch.