and getting ready for the next annual refresh With the Packaged Retail and Insurance-based Investment Products (PRIIPs) Key Information Document......
Much ink has lately been spilled over the new Short Sale reporting rule in the U.S. New Rule 13f-2 was......
The modernization of the Beneficial Ownership reporting has been a long-discussed topic by the Securities and Exchange Commission (“SEC”) in......
Authors: John Gentile, Director, Private Fund Services, Confluence Armando DeChalus, Regulatory Compliance Analyst, Confluence The private fund regulatory landscape just......
Authors: Alison Fraser, Director, Institutional & RIC Services, Confluence Kevin Renner, Consultant, Confluence The SEC Division of Examinations (“EXAMS”) issued......
Author: Aspasia Latsi, International Regulatory Analyst Now that the TSAM – the Summit for Asset Management in London – is......
Global scientific consensus and domestic political interests compete for its attention The SEC’s forthcoming Final Rule, requiring climate-related disclosures by......
The SEC Division of Examinations issued a Risk Alert on April 26, 2023, regarding weaknesses observed at branch office locations of investment advisers and broker dealers....
Current Reporting for Large Hedge Fund Advisers and Quarterly Event Reporting for All Private Equity Fund Advisers...
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....
Q&A with Kirsten Garrett, CHRO, Confluence With over two decades of human resources leadership experience, Kirsten Garrett is an accomplished......
As we leave 2022 behind and 2023 begins, make sure you didn’t miss a thing last year with this recap of our top insights....
Identity theft is on the rise, and the U.S. Securities and Exchange Commission has taken notice of weaknesses in registered investment advisers’ controls....
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......
This blog was originally 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 formal...
You may unsubscribe at anytime with our simple “unsubscribe” link at the bottom of each communication. Please see our privacy notices below for further information, including a list of affiliates covered by this consent.
It’s no surprise that Compliance and IT do not speak the same language. Compliance staff often speak in terms of…
Advanced planning for a regulatory exam remains a vital step in ensuring the compliance team is prepared when the exam…
We live in a world filled with dramatic change on a scale we’ve never seen before. The speed and magnitude…
Data breaches and cyber incidents made headlines again recently with the announcement that 50 million Facebook accounts were compromised as…
In 2017, the SEC’s Office of Compliance Inspections and Examinations (OCIE) reaffirmed that its examination priorities continue to include cybersecurity.
In an April 2003 speech by Lori Richards, the then-director of the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations mentioned one area where she believed some less-than-meticulous care has been given: the supervision of service providers and in particular, sub-advisers.
When it comes to advertising, processes, procedures, and disclosure matter. Not everyone in a firm will understand the importance of…
Facebook just reported a massive data breach impacting over 50 million user accounts. And while most investment advisers are not…
When it comes to managing cybersecurity risk, investment advisers are in a tough position. As the frequency and variety of cybersecurity risks mount, IT budgets and staffing do not always follow suit. Compliance and IT professionals are often asked to do more with less, which can seem overwhelming given an ever-expanding list of regulatory and business requirements as well as increased scrutiny of firms’ cybersecurity controls by third parties.
If your firm isn’t already using an outside consultant, you may want to ask yourself “why not?” Oftentimes at hedge funds, compliance officers struggle to successfully fulfill the requirements of the job without an essential tool in their toolbox: the outside compliance consultant. Why? The primary reason is simple: resources.
As the investment management industry becomes more consumer-focused, individual investors are pressing advisers for more innovative products and a personalized client experience. Further, the growth of passive strategies has created fee pressure across the spectrum, leading to contracting margins.1 Outsourcing certain critical functions can be an effective tool for advisers looking to focus on more strategic goals.
At CSS, creating a strategic approach to regulatory obligations is in our DNA. It’s the very reason the company was…
