Insights
Protecting Your Business as Offices Reopen: A Seven Step Cybersecurity Action Plan for Physical and Hybrid Work Environments
July 17, 2021
ACA Aponix’s cybersecurity experts have developed the following action plan to help your firm review, revise, and implement a strong cyber program that will help protect your firm against reputational and financial damage as well as meet regulatory obligations, no matter what type of work model you’re employing.
- Cybersecurity
EU Cross Border Fund Distribution Directive and Regulation - Raises More Questions than it Answers?
July 15, 2021
Marketing rules have traditionally taken a jurisdictional rather than EU wide harmonious approach. With new cross border distribution rules coming into play on 2 August 2021, we examine the impact on AIFs and UCITS funds.
- Compliance
- ComplianceAlpha
- Brexit
SEC to Investment Advisers: Cybersecurity Must Be a Comprehensive, Continually Evolving Program
July 15, 2021
This was the topic of discussion between the SEC’s Keith Cassidy, Head of the SEC’s Technology and Controls Program, and ACA Aponix® partner Mike Pappacena, during ACA’s spring conference. They discussed why the threat of a cyber-attack is so acute for investment advisers, how they can best protect themselves and their clients, and what the SEC expects from investment advisers’ cyber programs. Here are some highlights from their conversation.
- Cybersecurity
ACA Group Hires New Chief Commercial Officer Aimee Egan
July 14, 2021
ACA Group (ACA) today announced that Aimee Egan has joined the firm to lead all go-to-market functions (including Sales & Marketing) in a newly created role of Chief Commercial Officer. Aimee will join ACA’s executive leadership team and will oversee the execution of ACA’s growth plan.
- ACA News
Active Supply-Chain Ransomware Attack Against Kaseya VSA
July 02, 2021
Kaseya has warned of an active attack against a number of its customers using Kaseya’s VSA remote monitoring and management (RMM) platform. The attackers are using the platform to deliver REvil ransomware to systems, demanding $44,999 in funds to reclaim access to data.
- Cybersecurity
FinCEN Issues AML Priorities
July 02, 2021
FinCEN published its first government-wide priorities for AML on June 30, 2021. The priorities are intended to assist financial institutions in their efforts to meet obligations under regulations designed to combat money laundering and counter terrorist financing.
- AML and Financial Crime
Majority of Firms in Breach of Transaction Reporting Requirements
July 01, 2021
Data from a Freedom of Information Request to the FCA has revealed that firms are either transaction reporting incorrectly or not adhering to the MiFIR requirement to monitor their reporting using submission data made available to them by the FCA.
- Compliance
- Trade & Transaction
- ACA News
- FCA
PrintNightmare: Windows Zero-Day Vulnerability Detected
July 01, 2021
A Windows vulnerability was detected that can enable bad actors to potentially take control of an affected system. Find out how to protect your systems.
- Cybersecurity
A Guide to the Presentation of Performance Under the New Marketing Rule
June 30, 2021
In this guide we talk about changes and how firms can prepare to present performance in line with the new rule and actions they can take now in preparation for the final compliance date set for November 4, 2022.
- Performance
- SEC Advertising Rule
CFA Institute Releases ESG Disclosure Standards for Investment Products
June 30, 2021
Following the release of the CFA Institute's Exposure Draft of ESG Disclosure Standards for Investment Products, we outline what the standards include, the related timelines, and what these changes mean for firms.
- ESG
- Performance
- Compliance
- GIPS Standards