Tag: Compliance Services
Reg SP compliance countdown: key steps before June 3
Watch the March After the Alert with Doug Preveza.
The Reg S-P compliance deadline is right around the corner
The SEC's 2024 amendments to Regulation S-P take effect June 3 for smaller firms. If your incident response plan, written information security program, & vendor oversight aren't in place, this is now urgent and the time to act is now
Regulation in motion: Preparing for disclosure, oversight, and data-led supervision
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
Fall compliance cleanup: CE, S-ID, Reg S-P, and more
As we leave summer behind and enter into the latter part of the year, its important to keep an eye on continuing education requirements.
Global compliance moves in focus: From FCA signals to AI and beyond
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
Fall focus: Business continuity plans
This month's report highlights the benefits of business continuity plans.
Surviving daunting regulatory exams: Key takeaways from compliance pros who’ve been there
Key takeaways Regulatory exams are faster, smarter, and still coming Coinciding with changes in regulatory priorities under new leadership, the SEC’s exam division remains active and committed to its risk-based approach, seeking to annually review approximately 10% of the 16,000 advisors servicing about $145 trillion in AUM. In addition, remote and hybrid exams are most […]
Key compliance reminders: DOL rollover rule & fee billing accuracy
For this month’s alert, there were two key pieces that we wanted to point out and expand on as we feel could offer some additional insights and helpful tips for your practice.
AML rule delayed, not derailed: What advisers need to know now
Introduction In a move that surprised few but still raised eyebrows, the Financial Crimes Enforcement Network (FinCEN) has officially postponed the effective date of its long-anticipated Anti-Money Laundering (AML) rule for Registered Investment Advisers (RIAs) and Exempt Reporting Advisers (ERAs). Originally slated to take effect on January 1, 2026, the rule is now delayed until […]
Compliance reminders & vendor risk insights for July
Here’s a quick recap of what’s new and what need your attention this month. This month’s alert covers several key compliance areas.
The Importance of an Annual Updating Amendment for Investment Advisors
Investment advisors have a crucial responsibility: maintaining transparency and compliance with regulatory standards. One key aspect of fulfilling this responsibility is filing an annual updating amendment of Form ADV with the Securities and Exchange Commission (SEC) or the state regulator for state-registered firms. This filing must be made within 90 days of the advisor’s fiscal […]
Navigating EU regulations: expectations for 2025 and beyond
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
Investment firms and the Trump administration: what’s next?
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
Form PF and AML compliance: key considerations
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
AIFMD II and SEC Names Rule: what you need to know
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
Tech in transaction reporting: new ID rules and ESG changes
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
U.S. Supreme Court curbs regulatory power
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
UK election and SEC Marketing Rule: key takeaways
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
EMIR reporting enhancements: transitioning to T+1
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
Climate disclosure rule: implications of a Trump victory for the SEC agenda
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
AIFMD II and SEC reforms: what to expect in 2024
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
Navigating new SEC rules, ESG deadlines, and AI developments
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
The new SEC short selling rule will keep us occupied for quite some time
Much ink has lately been spilled over the new Short Sale reporting rule in the U.S. New Rule 13f-2 was adopted by the Securities and Exchange Commission (‘SEC’) to shed more light upon Short-Selling in the wake of GameStop saga. It is no wonder that those concerned have raised pertinent questions in this regard.
ESG reporting and SEC amendments: key changes you should know
Explore our RegTech Reports. Your trusted source for essential insights into regulatory technology and industry updates. This curated collection of reports, blogs, and video series covers a wide range of topics, from upcoming regulatory changes to the latest technological advancements, helping you navigate the complexities of compliance with confidence.
How are investors impacted by the modernization of the beneficial ownership reporting in the US?
The modernization of the Beneficial Ownership reporting has been a long-discussed topic by the Securities and Exchange Commission (“SEC”) in the U.S. It therefore comes as no surprise that the adoption of amendments to Regulation 13D-G a few days ago is big news, as a large number of investors will have to comply with the […]
Behind the Curtain – SEC’s Risk-Based Approach to Examinations
The SEC Division of Examinations (“EXAMS”) issued a Risk Alert describing EXAMS’ risk-based approach for selecting registered investment advisers to examine and determining the scope of examinations. The Risk Alert included an example of a typical initial request for documents and information, as well as examples of additional information that EXAMS may request during the examination process. The Alert identified three (3) components used to assess an adviser’s risks and scoping examinations.
Takeaways from the SEC’s new private fund adviser rules – build and plan for successful implementation
The private fund regulatory landscape just got more complex with the August 23 SEC adoption of these long-awaited private fund rules, which were first proposed 18 months ago in the face of industry pushback. These rules align with the agenda by SEC Chairman Gary Gensler, who has been steadfast in his commitment to enacting a […]
Top compliance concern: An SEC exam on the marketing rule — forewarned is fair play?
Elevated Fears and Stress abound for registered SEC Adviser firms as they evaluate their firm’s readiness for an inevitable SEC examination for compliance with the new Marketing Rule. The SEC’s Division of Examination (“EXAMS”) staff is currently examining SEC Registered Investment Adviser firms for compliance with the Marketing Rule with breakneck focus. Registered SEC Investment […]
Navigating the next market downturn at TSAM London
Now that the TSAM – the Summit for Asset Management in London – is over, it is time to look back and delve into the subject of market downturns, as discussed during the regulatory roundtable “Navigating the next market downturn,” which was part of the Confluence-sponsored Regulatory & Compliance stream.Given that the two-day conference brought […]
As pressures mount, SEC finalizing its rule for companies’ climate-related disclosures
Global scientific consensus and domestic political interests compete for its attention The SEC’s forthcoming Final Rule, requiring climate-related disclosures by US companies, is placed here in the context of recent global climate developments. This provides some perspective on the pressures faced by the SEC, as it finalizes its much talked-about 490-page proposal. We conclude with some important action items for investment firms, who will rely on these disclosures for their sustainability investment analyses and compliance functions.
HEADS UP: SEC Division of Examinations
identifies gaps and signals need for main office policies and procedures to be applied at branch office locations
Incident reporting on the SEC’s radar as regulator seeks to mandate a federal breach notification standard
A steady increase in the threat that data breaches pose to individual investors has spurred the Securities and Exchange Commission to revisit the issue of safeguarding customer information. On March 15th, 2023, the SEC published proposed changes for Regulation S-P. The proposal is designed to provide registered investment advisers’ clientele with sufficient notice of any data […]
ESG: As COP27 highlights climate urgency, notions of “sustainability” fracture
COP27, the UN’s annual climate change conference held this year in Egypt from 6 to 18 November with about 100 heads of state in attendance, can be seen as a microcosm of the challenges and debates that have plagued the concept of “ESG” or “sustainability” since those terms came into vogue several years ago. The COP27 […]
ESG Strategy: Think regulation, data, and budget
This blog was original published at Markets Media on October 7, 2022. Sustainable investing disclosures in the U.S. are currently governed by general fraud prohibitions in advertising and not by formally defined rules, apart from interpretive guidance issued by the SEC in 2010 about certain material impacts caused by climate change. In the absence of ESG regulations, investment managers […]
Navigating the SEC marketing rule: Keyways to compliance
The SEC’s new Marketing Rule that came into effect last year expanded the definition of advertising. It allows for marketing via new channels and enhances existing disclosure requirements. It will have significant compliance impacts on advertising and cash solicitations for investment advisers registered with the SEC. Replacing both the old advertising and solicitation rules, the […]
Charting a path to SFDR deadlines: Optimizing ESG and EET data collection, quality and reliability
The Sustainable Finance Disclosure Regulation (SFDR) is rapidly progressing towards the January 1, 2023 deadline, and the industry is in the process of managing and solving a variety of challenges. Here, we provide a brief timeline of the work that remains, discuss the challenges of the European ESG Template (EET) and ESG data, and the best ways […]
Charting a path to PRIIPS KID deadlines: Four months left to make significant data, calculation and filing changes
Conversations with investment firms, management companies, fund administrators and industry attorneys have ramped up this summer as the industry prepares for the European Union’s (EU) new Packaged Retail and Insurance-based Investment Products (PRIIPs) reporting requirements by January 1, 2023. Firms will need to adjust to new formats, content and calculations for preparing their Key Information Documents (KIDs) […]
Are you ready to comply with the new SEC marketing rule?
Time is running out With the upcoming deadline of the 4th November, 2022, the new SEC Marketing Rule requires firms to create composites around similarly managed portfolios for performance reference, even if they are not GIPS® (Global Investment Performance Standards) Standards compliant. This means that firms must establish policies, procedures and controls, ensuring that all […]
ESG regulations take hold in Europe with other regions set to follow
The EU’s comprehensive sustainable finance action plan aims to mandate that companies integrate sustainability risks into their investment management and disclosure processes, including their impact on the market environment. Its goals are to: Companies are regulated under the Non-Financial Reporting Directive (NFRD) and soon the Corporate Sustainability Reporting Directive (CSRD), while financial products will be […]
Five PRIIPs reporting challenges asset managers need to know
Time is running out to comply with the European Union’s (EU) new Packaged Retail and Insurance-based Investment Products (PRIIPs) reporting requirements, and adjust to new formats and content for preparing key investor documents (KIDs) by January 1, 2023. On top of this, the regulation will extend to all Undertakings for Collective Investment in Transferrable Securities (UCITS) products that have an exemption in […]
Key considerations when replacing UCITS KIIDs with PRIIPs KIDs
With the ever-changing regulations and the strain they place on internal resources, it is increasingly important that firms have a streamlined and holistic approach to their data, calculations, and processes to meet the evolving regulatory requirements. In a few short months, asset management firms, insurance companies, and other financial institutions will need to comply with […]