Timothy Welsh
About Timothy Welsh
Timothy Welsh serves as Senior Counsel for Regulatory Affairs at Abra in New York, where he has worked since 2022. He has extensive experience in regulatory risk management within the fintech sector, having held various legal positions at notable firms and organizations.
Work at Abra
Timothy Welsh has been serving as Senior Counsel for Regulatory Affairs at Abra since 2022. In this role, he focuses on managing regulatory compliance and risk associated with emerging financial products in the fintech sector. His expertise is particularly relevant in the context of cryptocurrency and digital assets, where regulatory frameworks are continually evolving. Based in New York, he contributes to the company's legal strategies and ensures adherence to applicable regulations.
Previous Experience in Financial Services
Before joining Abra, Timothy Welsh held several positions in prominent law firms and financial institutions. He worked as an Associate in the Capital Markets Practice at White & Case LLP for one year. Following that, he spent seven years at EY as a Senior Manager in Compliance Consulting. His experience also includes two years as an Associate in the Financial Services Group at Davis Polk & Wardwell LLP, and a role as an Editor at Practical Law Company. Additionally, he served as an Associate at Schulte Roth & Zabel LLP.
Legal and Regulatory Expertise
Timothy Welsh has significant expertise in managing regulatory risk, particularly for emerging financial products in the fintech sector. He has led cross-functional teams to develop Legal and Regulatory Change Management programs tailored for cryptocurrency startups. His work includes integrating compliance testing with regulatory risk management solutions, which is crucial for navigating the complex regulatory landscape of the financial industry.
Education and Qualifications
Timothy Welsh earned his Bachelor of Arts degree in History from Fairfield University, where he studied from 1994 to 1999. He later attended Syracuse University College of Law, achieving his Juris Doctor degree, cum laude, from 2001 to 2004. His educational background provides a strong foundation for his legal career, particularly in regulatory affairs.
Contributions to Fintech and Cryptocurrency
Throughout his career, Timothy Welsh has made significant contributions to the fintech and cryptocurrency sectors. He played a key role in the development of TrueUSD, a stablecoin that reached a market capitalization of over $200 million. Additionally, he has collaborated with technology teams to implement Governance, Risk, and Compliance (GRC) solutions specifically designed for the fintech industry.