Insights
Senior Managers & Certification Regime (SM&CR): What You Need to Know
The UK’s financial regulator recently announced 9 December 2019 as the deadline for the implementation of the Senior Managers & Certification Regime (SM&CR, or SMCR) for solo-regulated firms. With the regulation set to impact 47,000 financial firms, we answer some common questions that firms may have on the upcoming SM&CR.
- Compliance
Top 5 Reasons to Attend ACA Academy at ACA's Fall 2018 Compliance Conference
We introduced ACA Academy at our spring compliance conference as an extra resource designed to provide compliance professionals with a non-compliance skill set that cam be applied both on and off the job. Here are five reasons to attend ACA Academy, no matter your role or company size.
- Events
5 Cybersecurity Considerations for Investment Companies
ACA’s Askari Foy and Thomas Riley recently hosted a live webcast discussing cybersecurity best practices and trends for fund boards, sub-advisers, and investment company service providers with cybersecurity oversight. This post provides key takeaways from the webcast that investment companies can implement to help mitigate cybersecurity risk and protect the fund's assets and reputation.
- Cybersecurity
MiFIR Transaction Reporting: Key Issues Highlighted by the FCA
With a significant increase to the number of reports ingested and the uptick in the number of firms submitting data, the FCA has been able to build a clearer picture of the behaviours of firms’ and their clients. However, the regulator is stressing the importance of reporting data quality, accuracy and completeness, with a particular focus on the following issues.
- Compliance
Survey Confirms Increase in GIPS Compliance, Verification; Consultant, Investor Demand a Key Driver
A just-released survey of institutional asset managers, consultants and investors confirms compliance with the Global Investment Performance Standards (GIPS®) is on the rise, with 84% of asset managers responding saying their firms are GIPS compliant.
- Performance
- GIPS Standards
The Value of GIPS Compliance: 2018 Manager and Consultant Survey
As the GIPS standards gain more acceptance and international adoption, and with CFA Institute’s expected release of the 2020 GIPS standards for public comment, there are persistent questions about the current state of GIPS compliance.
- Performance
ACA Aponix Expands Team of Cybersecurity and Risk Professionals
ACA has expanded its team of cybersecurity and risk professionals with new employees who have extensive experience in various industries including financial services and banking, healthcare, manufacturing, real estate, and higher education.
- Cybersecurity
- ACA News
Key Considerations for Building a Strong Cyber Compliance Program
ACA Aponix Partner Mike Pappacena provides the key elements to building a strong cybersecurity program that not only protects your business and data, but also keeps regulators away.
- Cybersecurity
Recent Developments in the SEC’s Requests Related to MNPI Testing
The U.S. Securities and Exchange Commission ("SEC") continues to invest in developing and improving its technology and data analytics capabilities.
- RegTech
The CFTC Expands Its Regulatory Approach to Cryptocurrencies
The U.S. Commodity Futures Trading Commission (CFTC) has taken several actions to flesh out its regulatory approach to cryptocurrency transactions that are classified as commodities. There’s no doubt that US regulators will continue to publish new materials on cryptocurrencies as the year progresses. How should firms that wish to engage in cryptocurrencies prepare?
- Compliance