The ever-increasing focus by the Regulators on the accountability of senior management, particularly when things go wrong, emphasises how important it is for individuals in senior positions to have a clear understanding of what is expected of them. This succinct course is designed to assist Senior Managers to have a full understanding of what they need to do to achieve compliance with the rules under the obligations created by the Senior Managers and Certification Regime (SMCR).
Our AML and Financial Crimes practice offers advisory services and solutions to assist financial services firms in addressing financial crimes-related threats and regulatory concerns. Specific areas include AML, Foreign Corrupt Practices Act (FCPA) and Anti-Bribery, and cybersecurity services.
- AML program independent testing and risk management
- Development of AML and KYC/CDD policies and procedures
- FCPA and anti-bribery risk management, and development of policies and procedures
- KYC/CIP full-Service solution
- KYC/CDD assistance
- Securities trading suspicious activity surveillance
- Electronic communication surveillance for bribery, insider trading, and other financial crimes
May 18, 2021
While environmental justice is rarely called out as an ESG topic, it sits squarely at the intersection of some of the most pressing ESG challenges that we face today
Mitigating Risks Associated with Composite Performance Reporting Using ACA’s Performance Analytics Services
May 17, 2021
In addition to developing marketing materials and ensuring appropriate disclosures, firms must ensure that the performance being generated truly reflects the fund or strategy being offered.
- SEC Advertising Rule
May 17, 2021
On April 13, 2021, the NFA issued a Notice to Members regarding the recently adopted Compliance Rule 2-50 and Interpretative Notice 9080 requiring a CPO to file timely notices with the NFA when certain market events affect the ability of the commodity pool to fulfill its obligations to participants or counterparties, or result in the pool’s unplanned liquidation. Learn more in our recent compliance alert.
May 14, 2021
The Securities and Exchange Commission’s Division of Investment Management staff released a statement this week concerning registered funds, most notably mutual funds, investing in the Bitcoin futures market. The statement addressed both perceived investor risk when investing in a mutual fund with exposure to the Bitcoin futures market, as well as IM staff’s intended coordination with the Division of Examinations and the Division of Economic and Risk Analysis. Read our summary and analysis of the statement in our compliance alert.
May 13, 2021
The Financial Industry Regulatory Authority’s (FINRA) Enforcement Division has issued its enforcement action summary reports for Q1 2021. The reports listed 40 enforcement actions brought against member firms. Read on for a summary of several enforcement actions brought against broker-dealers in Q1 2021.
May 11, 2021
Regulatory change, COVID-19 fallout, and a rapidly mutating ecosystem of risks make this a challenging year for financial services firms. In our complimentary whitepaper, we examine the future of risk and compliance and how firms must respond to rapidly evolving circumstances.
- Trade & Transaction
- Managed Services
- Regulatory Deadlines
- Regulatory Technology
- GIPS Standards
With less than six months to go until UK investment firms are subjected to a completely new prudential regime, a recent survey reveals that the industry is vastly underprepared. The data shows that just 4% of respondents are ready and capitalised for the FCA’s new Investment Firm Prudential Regime (IFPR) coming into effect in January 2022. Learn more about what this means for firms.
Waters Rankings 2021 Name ACA Group's ComplianceAlpha® Best Anti-Money Laundering Compliance Solution Provider
Our ComplianceAlpha® platform has been named Best Anti-Money Laundering Compliance Solution Provider in the Waters Rankings 2021.
ACA's Regulatory Reporting Monitoring & Assurance (ARRMA) service winner of the 2021 HFM European Technology Awards
Within a year of launching, ACA Group is delighted to announce that our ACA Regulatory Reporting Monitoring & Assurance (ARRMA) service has been selected as Best Regulatory Reporting Solution in the 2021 HFM European Technology Awards.
Senior management in Financial Services firms have a responsibility to ensure their employees have sufficient knowledge and understanding of the Regulatory environment they are working in. This knowledge helps in emphasising the need for compliance with policies and procedures in order to protect the firm and the individual from failing to “do the right thing”.
This course is specifically designed to assist Senior Management in meeting their statutory and regulatory obligations.