Tag: SEC
New SEC rules could change the game for hedge funds and...
The U.S. Securities and Exchange Commission (SEC) has recently made significant adjustments to its regulatory framework, introducing two pivotal rules, Rules 3a5-4 and 3a44-2, collectively known as the Final Rules.
Green light for transparency: The impact of SEC’s new climate disclosure...
The dawn of a new era in corporate transparency has arrived with the U.S. SEC introducing a pivotal rule.
How the latest AML/CFT proposals will reshape investment advisory
The world of finance is on the brink of a significant transformation, especially for investment advisors in the United States. On February 15th, 2024, a pivotal announcement was made by the Financial Crimes Enforcement Network (FinCEN) that is set to redefine the landscape of anti-money laundering (AML) and counter-financing of terrorism (CFT) compliance.
SEC scales back climate disclosure requirements in landmark ruling
The U.S. SEC has finalised its climate-related disclosure rules for public companies, a pivotal development in corporate sustainability reporting.
According to ESG Today, this...
Unveiling the cost of non-compliance: 16 firms hit with $81m in...
In a significant move underscoring the persistent focus on regulatory compliance within the financial sector, the Securities and Exchange Commission (SEC) has once again made headlines by imposing fines on another 16 firms.
SEC slaps $81m fine on firms for recordkeeping lapses
The U.S. SEC recently made headlines by settling charges with 16 prominent investment advisers and broker-dealers.
Navigating new SEC rules: A guide for private fund advisers
The U.S. Securities and Exchange Commission (SEC) introduced a significant regulatory update on August 24, 2023, impacting private fund advisers through the adoption of the Private Fund Adviser Rules. This regulatory shift comprises several key components aimed at enhancing transparency and safeguarding investor interests. Among these, the Adviser-led Secondaries Rule and the Annual Fund Audits Rule stand out for their direct impact on fund management practices, accompanied by the amendment to the compliance review documentation requirements.
Understanding SEC’s latest FAQ on performance obligations for private funds
On the 6th of February, 2024, the Securities and Exchange Commission’s (SEC) Division of Investment Management unveiled a new Frequently Asked Question (FAQ) aimed...
Navigating the risks: The urgent need for effective MNPI management
In recent years, the management of Material Non-Public Information (MNPI) has emerged as a significant concern within the compliance sphere. Regulatory bodies in the...
The 4 pillars of future financial crime compliance
In the ever-changing world of risk management, where the challenges are formidable and constantly evolving, the role of risk executives and their teams is...
