Insights
Hedge Fund Update: News You May Have Missed
In the first edition of our Hedge Fund Update we discuss recent industry news, settlements, and rulings. Read more to find out the latest news you may have missed.
- Compliance
UK Announces Delayed Implementation of its Reformed Prudential Regime
The implementation of the much anticipated and discussed Investment Firms Prudential Regime ("IFPR") has been delayed in the UK until 1 January 2022. We examine what this means for financial services firms.
- Compliance
- FCA
2021 Regulatory Filings Calendar
To help you stay on track with your firm’s regulatory reporting obligations, we’ve put together a printable calendar with key deadlines for the SEC, CFTC, NFA, and ESMA regulatory filings in addition to national holidays at a glance.
- Compliance
SEC and FINRA Hold Joint Roundtable on Regulation Best Interest and Form CRS
The SEC and FINRA staff held a joint roundtable on October 26, 2020 to discuss their initial observations of broker-dealer compliance with Reg BI and Form CRS requirements since the June 30, 2020 deadline.
- Compliance
ACA Compliance Group Launches ComplianceAlpha 2.5 with Enhanced Analytics and Surveillance Capabilities
ACA's ComplianceAlpha® provides enhanced data analysis capabilities and increased oversight into risks and behavior across the enterprise through platform-wide customizable dashboards, automated reporting, and integrated trade surveillance and market abuse detection functionality.
- ACA News
Introducing Enhanced Analytics and Surveillance Capabilities in ComplianceAlpha 2.5
ComplianceAlpha 2.5 includes new features designed to provide firms globally with deeper insights into potential risk and opportunity across the enterprise.
- RegTech
OCIE Issues Risk Alert Highlighting Observations from Examinations of Investment Advisers with Multiple Branch Offices’ Compliance and Supervisory Practices
The SEC's Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert on November 9, 2020 that focused on SEC-registered investment advisers operating from numerous branch offices and with operations geographically dispersed from the adviser’s principal or main office.
- Compliance
The 2020 GIPS Standards: Explanation of the Provisions for Firms – Section 4
Section 4 of the Explanation of the Provisions focuses on the proper disclosure requirements to include in GIPS Reports to be compliant with the 2020 GIPS standards.
- Performance
FCA Confirms Details of the UK’s Post-Brexit Short-Selling Regime
The FCA recently published details for reporting net short positions in relevant UK shares and sovereign debt from 1 January 2021. We examine how the on-shored regime for short selling will operate in the UK firms once the Brexit transition period ends.
- Compliance
- FCA
- Brexit
SEC Amends the Accredited Investor Definition
The SEC approved amendments to the “accredited investor” definition, which become effective on December 8, 2020. They aim to modernize the definition to more effectively identify institutional and individual investors that have the knowledge and expertise to participate in those markets.
- Compliance