Insights
The Exposure Draft of GIPS Standards Guidance Statement on Overlay Strategies
Last summer, CFA Institute released the Exposure Draft of the GIPS Standards Guidance Statement on Overlay Strategies. Historically, this segment of the investment industry has not received much in the form of ethical best practices in calculating and presenting performance, and this release was the first attempt by CFA Institute to issue official guidance for overlay managers.
- Performance
Making a List, Checking it Twice: A CCO’s Guide to Finishing the Year Strong and Preparing for 2018
With only 19 business days left in the year, the pressure is mounting to cross those final compliance to-do’s off the list and finish the year strong.
- Compliance
March 1st DFS 23 NYCRR 500 Compliance Deadline Fast Approaching - What You Need to Know
March 1, 2018 is the next compliance deadline for the New York State Department of Financial Services' ("DFS") New York State Law 23 NYCRR 500 Cybersecurity Requirements for Financial Services
- Cybersecurity
Wrap Up Compliance Projects by Year-End
Have you fallen behind schedule with your compliance testing and surveillance? Need an extra hand to assist with your annual compliance review? With year-end clearly in sight, we are avail
- Compliance
Cybersecurity Considerations for Private Equity Firms: Mitigating the Cyber Risks of Portfolio Companies
As we approach the end of 2017 and reflect on the past year, it’s hard to ignore the recent surge in cybercrime and the financial, operational, and reputational losses that breaches have caused port
- Cybersecurity
November 2017 Performance Update: Increasing Demand for Performance Reporting Transparency
For roughly 25 years, institutional investors have increasingly required asset managers with whom they invest to claim compliance with the GIPS standards. This requirement is largely required of traditional fixed income and equity strategies and applied to asset managers that work predominantly with institutional investors. Early on, most private wealth managers were exempt from the requirement, and thus their rates of compliance paled in comparison to those of traditional institutional managers.
- Performance
Electronic Communications Monitoring – A No-Brainer for CCOs
In the five months since the SEC’s Office of Compliance Inspections and Examination (“OCIE”) issued request letters to registrants focused on advisers’ use of electronic communications, co
- Compliance
Technology Enhancements for Beneficial Ownership Implementation
In May 2016, the Financial Crimes Enforcement Network (“FinCEN”) issued its final rule on beneficial ownership with respect to customer due diligence ("CDD") requirements.
- AML and Financial Crime
7 Cybersecurity Trends to Plan for in 2018
In the past year, it’s become apparent that cyber breaches are on the rise, and they are crippling businesses in their wake.
- Cybersecurity
5 Best Practices for Building an Effective Vulnerability Management Program
This is the first post in a series of cybersecurity tips and tricks from ACA Aponix's team of experienced consultants.
- Cybersecurity