Europe has become the destination of choice for US private asset managers battling to find a place in their own saturated market, yet these prospective pilgrims face an uphill battle in complying with stringent regulations on foreign shores.
New research from regulatory and compliance experts Bovill Newgate in partnership with Ocorian, provider of services for funds, corporates, capital markets and private clients, reveals that despite saying they take governance extremely seriously and have the right skills at the most senior level, a raft of fines and sanctions in the last two years and other contributing factors is driving alternative fund managers to significantly step up their focus on governance over the next 24 months.
New research from compliance firm Ocorian reveals that more than nine in 10 (92 per cent) alternative fund managers are already using AI as part of risk and compliance procedures.
Compliance and risk managers Waystone and KB Associates (KBA), an Irish UCITS management company, have announced the successful conclusion of the merger of KBA into the Waystone Group.
New research commissioned by software company Red Marker has highlighted the continuing tensions between the legal/compliance and marketing teams in the asset management industry, in no small part made worse by archaic approval processes for marketing materials which are simply not fit for purpose in today’s complex environment.
The World Federation of Exchanges (WFE), the global body for exchanges and CCPs, has issued its Guidance Note on the WFE Green Equity Principles. The Federation writes that the Principles are the first global framework for designating listed shares as green.
Analysis from the CFA Institute finds that regulation in EU and Canada has helped alleviate potential confusion for investors, but greater harmonisation of terms across jurisdictions is needed to accelerate progress.
CloudMargin, creator of the world’s first collateral and margin management solution native to the cloud, and Margin Tonic, a service provider specialising in the collateral
Online pensions provider, PensionBee, has adopted software from global RegTech firm Clausematch to manage its internal policies and controls. In preparation for its listing on
ComplySci, a provider of regulatory technology and compliance solutions for the financial services sector, has added two new members to its Board of Directors –
