Andria Papageorgiou Law Firm’s Post

DORA explained: Role of Compliance Officers in Managing ICT Third-Party Risks (Part 2) This article analyses the practical implementation of DORA within the Alternative Investment Fund Manager industry and the role of Compliance Officers in managing ICT third-party risks, the importance of evaluating contractual arrangements, particularly those supporting critical functions, and at the time of implementation, ensuring robust termination clauses are in place. Below my latest article on Fundiligence.

Ocorian and Bovill Newgate's recent study shows that 88% of alternative fund managers think compliance risks will be on the rise over the next two years. With under-resourced compliance teams and mounting fines, the stakes are high.   📖 Dive into our findings below and get prepared!

Ocorian and Bovill Newgate's recent study shows that 88% of alternative fund managers think compliance risks will be on the rise over the next two years. With under-resourced compliance teams and mounting fines, the stakes are high.   📖 Dive into our findings below and get prepared!

Our recent study in partnership with Bovill Newgate found that 65% of alternative fund managers surveyed were subject to governance-related fines or sanctions over the last two years. “The alternative fund managers we surveyed have always taken governance extremely seriously, but the regulatory landscape is constantly changing and becoming even more complex, particularly for the global firms,” commented Paul Ford, underscoring the importance of using an independent specialist risk and compliance company. Read more about our survey’s findings here > https://lnkd.in/ecauad6g #RCL #Governance

We know that many investment professionals wish to conduct regulated activities but don’t necessarily want the burden of building a full in-house compliance team, especially those with limited compliance resources or a team lacking extensive experience. That’s where IQ-EQ has a deep bench of global regulatory compliance expertise to meet the needs of asset managers worldwide. In today’s highly regulated financial services landscape, IQ-EQ is here to help you stay compliant with industry best practices and regulatory requirements across relevant jurisdictions, including those from the U.S. Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA). Learn more about our compliance consulting solutions: https://ow.ly/7Bbw50S9Omn #iqeq #oneiqeq #financialcompliance #compliance #regulatorycompliance #regulatorycomplianceservices

We know that many investment professionals wish to conduct regulated activities but don’t necessarily want to build an in-house compliance team or fund platform. That’s where we come in. IQ-EQ has a deep bench of global regulatory compliance expertise to meet the needs of asset managers worldwide. Learn more: https://ow.ly/evey50RjioL #iqeq #oneiqeq #financialcompliance #compliance #financialcomplianceservices

📊 Ocorian and Bovill Newgate’s recent survey found that even with alternative fund managers being serious about governance, a staggering 65% of those surveyed faced fines or sanctions in the last two years. With 90% of respondents expecting an even stronger focus on governance in the next two years, outsourcing to a specialist risk and compliance company has never been more key to staying ahead of the regulatory curve. Read more below.

The Capital Markets Authority is calling for recommendations and proposals on the review of the Capital Markets (Corporate Governance) (Market Intermediaries) Regulations 2011. These regulations cover critical areas, including: i. Corporate Governance Standards: Establishing principles for transparency, accountability, and ethical conduct among listed companies and intermediaries. ii. Board Independence: Ensuring that boards of directors operate free from conflicts of interest and represent diverse stakeholder interests. iii. Risk Management Frameworks: Mandating the implementation of robust risk management practices to safeguard investor interests. iv. Disclosure Requirements: Enhancing transparency through clear guidelines on financial reporting and related-party transactions. v. Market Intermediary Regulations: Outlining the responsibilities of brokers, investment banks, and other market players to promote fair and efficient trading. The notice calls for all recommendations to be forwarded to the provided emails by October 31, 2024.

We know that many investment professionals wish to conduct regulated activities but don’t necessarily want to build an in-house compliance team or fund platform. That’s where we come in. IQ-EQ has a deep bench of global regulatory compliance expertise to meet the needs of asset managers worldwide. Learn more: https://ow.ly/koaK50RiCpR #iqeq #oneiqeq #financialcompliance #compliance #financialcomplianceservices

We know that many investment professionals wish to conduct regulated activities but don’t necessarily want the burden of building a full in-house compliance team, especially those with limited compliance resources or a team lacking extensive experience. That’s where IQ-EQ has a deep bench of global regulatory compliance expertise to meet the needs of asset managers worldwide. In today’s highly regulated financial services landscape, IQ-EQ is here to help you stay compliant with industry best practices and regulatory requirements across relevant jurisdictions, including those from the U.S. Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA). Learn more about our compliance consulting solutions: https://ow.ly/aNo750SbjOR #iqeq #oneiqeq #financialcompliance #compliance #regulatorycompliance #regulatorycomplianceservices