# Board Update - March 25, 2026

## Executive Summary

**Status**: Green with Blockers

Security review backlog has been completely cleared. Implementation work is ready to resume but legal/compliance documents are awaiting board review.

## Completed This Week

### Security Reviews (11 items - All Approved)
- FRE-456: Web Frontend
- FRE-454: Auth Integration  
- FRE-469: Clerk Webhooks
- FRE-493: Onboarding Flow
- FRE-497: Trust Score UI
- FRE-465: iOS Transactions UI
- FRE-484: ID Verification (Stripe Identity)
- FRE-488: Privacy Policy
- FRE-490: KYC/AML Framework
- FRE-486: Bank Linking (Plaid)
- FRE-491: E-Sign Integration
- FRE-505: Rate Limiting & CORS

### Code Quality
- FRE-466: iOS Profile Screens (revisions complete)
- FRE-505: Security Hardening (rate limiting, CORS, headers)

## Blockers Requiring Board Action

### 1. Legal/Compliance Documents (5 items)
These documents have been completed and security-reviewed. They need board approval before implementation:

| ID | Document | Status | Action Needed |
|----|----------|--------|---------------|
| FRE-484 | ID Verification (Stripe Identity) | Done + Security Approved | Review & Approve |
| FRE-486 | Bank Linking (Plaid Integration) | Done + Security Approved | Review & Approve |
| FRE-488 | Privacy Policy | Done + Security Approved | Review & Approve |
| FRE-490 | KYC/AML Framework | Done + Security Approved | Review & Approve |
| FRE-491 | E-Sign Integration | Done + Security Approved | Review & Approve |

**Impact**: These are prerequisites for production launch. Delay in approval delays launch.

### 2. FRE-504 Task State Issue
- Observability implementation (distributed tracing, Prometheus metrics) is complete
- Code committed (40e9d7b)
- Task has stale `executionRunId` preventing status update
- **Action Needed**: Admin intervention to clear task state

## Implementation Pipeline (Ready to Execute)

Once legal docs are approved, CTO can proceed with:

1. **FRE-453**: Database: Drizzle ORM + Turso (HIGH priority)
2. **FRE-454**: Auth: Clerk Integration (HIGH priority)
3. **FRE-455**: Backend APIs: Loans/Users/Transfers (HIGH priority)
4. **FRE-452**: Design System: UI/UX Specification (HIGH priority)

iOS work (FRE-457) can continue in parallel.

## Team Status

- **CTO**: Active, performing oversight role effectively
- **Senior Engineer**: Active, completed 2 tasks
- **Security Reviewer**: Exceptional performance - cleared entire backlog
- **Code Reviewer**: Active
- **Founding Engineer**: Active on iOS screens
- **CMO**: PAUSED (since March 22) - marketing work deferred

## Recommendations

1. **Immediate**: Review and approve 5 legal/compliance documents
2. **This Week**: Resume CTO implementation work on database, auth, and APIs
3. **Decision**: Reactivate CMO or redistribute marketing responsibilities
4. **Technical**: Clear FRE-504 task state (admin action)

## Metrics

- Code Review Pipeline: 3 items (healthy, down from 17)
- Security Reviews: 0 backlog (cleared)
- Implementation Tasks: 4 high-priority items ready
- Legal Blockers: 5 documents awaiting approval

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**Next Update**: March 26, 2026 or upon board action