PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, has welcomed the introduction of a new Consumer Duty by the Financial Conduct Authority (FCA) but says that the new duty must be accompanied with greater clarity over any new regulatory expectations placed on firms and a reasonable assessment of firms’ ability to discharge their obligations under the duty.
BRI Wealth Management has chosen ERIC, a cloud-based GRC software platform created by 1RS, for its risk and compliance management process.
Intelligent decisioning technology provider LendingMetrics has upgraded its API platform for wealth managers to automate fraud detection and compliance requirements.
Foreside Financial Group (Foreside), a provider of governance, risk management, and compliance service and technology offerings to clients in the global asset and wealth management industry, has launched Connect+, a newly redesigned and upgraded version of its client portal.
RiskMutation: How ACA Compliance Group is spearheading the operational response to evolving business risks following Covid-19
Business disruption, cybersecurity challenges and greater compliance burdens have long been acknowledged as being among the foremost operational challenges facing the hedge fund, private equity and investment management industries.
Investors’ growing appetite for private markets means firms must improve their regulatory governance
Firms that operate in private markets without effectively using technology risk causing ‘investor harm’ and significant reputational damage to their own company by struggling to comply with Financial Conduct Authority’s (FCA) regulations, according to research by Delio.
By Matthew Chapman (pictured), Director, ACA Compliance Group – Geopolitical change and uncertainty, regulatory sabre-rattling and industry shake-ups have combined to create a perfect storm for many financial services firms when it comes to their trade and transaction reporting obligations under MiFIR, EMIR and SFTR.
Oliver Wooley, CEO of Envestors, an early-stage digital investment platform, explains why accelerators, incubators, and networks matching investors and startups need to be regulated…
T-Scape is developing a solution to help wealth managers and other Intermediaries meet one of the regulatory requirements of the Shareholder Rights Directive (SRD) II that comes into effect on 3 September 2020.
Investment manager PortfolioMetrix, has produced a toolkit for advisers yet to develop a PROD approach that will help satisfy the regulator.