Insights
FinCEN Proposed Rule to Strengthen and Modernize Financial Institution AML/CFT Programs
In June 2024, the Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) proposed a rule to ‘strengthen and modernize financial institutions’ Anti-Money Laundering (“AML”) and countering the financing of terrorism (“CFT”) programs.
- AML and Financial Crime
- Investment Adviser
- SEC
National Counterintelligence and Security Center Warns Against Use of Investments by Foreign Adversaries
The U.S. National Counterintelligence and Security Center published a bulletin warning that foreign threat actors may use private investments – such as venture capital and private equity – to exploit tech startups, presenting a potential threat to economic and national security. Learn more about how to navigate this concern.
- AML and Financial Crime
- Cybersecurity
- Portfolio Company Risk Management
- Private Fund
The Evolution of Communications Surveillance
How we comply with the books and records requirement has changed as technology has advanced.
- RegTech
- ComplianceAlpha
- eComms Surveillance
Building a Value-Generating Cybersecurity Portfolio Oversight Program
It has become imperative that private equity firms institute a programmatic approach to portfolio oversight, meaning oversight that is formally governed, applied consistently, and grows valuations.
- Cybersecurity
- Cybersecurity Resources
- Portfolio Company Risk Management
FINRA’s Latest Fee Schedule and Form BR Filing Updates for RSLs
On July 15, 2024, FINRA published an updated SRO/Jurisdiction Registration Fee Schedule that included a new column indicating which self-regulatory organizations (“SROs”) and jurisdictions recognized Residential Supervisor Locations (“RSLs”).
- Compliance
- FINRA
Potential Benefits of an ETF
ETFs have many advantages over traditional open-end funds, including costs, structures, tax, efficiencies, and market size.
- Distribution
- Mutual Fund
CrowdStrike Outage and Options for Remediation
An automated update released by CrowdStrike overnight had a technical issue that caused Windows devices receiving the update to crash.
- Cybersecurity
- Compliance
Charting your European Expansion: Exploring Pathways to New Markets
Learn practical insights and actionable steps for U.S.-based firms contemplating building a presence in the UK or seeking to market to EU investors without a permanent presence.
- Compliance
- FCA
- Mirabella
SEC Exam Sweep of T+1
We have reason to believe the SEC has begun its targeted examinations of investment advisers to assess their compliance with the T+1 transition.
- Compliance
- SEC
Advisers’ Concerns of Off-Channel Communications Surpasses the Marketing Rule as Top Compliance Concern, Survey Reveals
Advisers’ concerns of off-channel communications eclipsed the Marketing Rule as the top compliance concern, according to the 2024 Investment Management Compliance Testing Survey.
- ACA News
- Compliance