Most of us would call the past few years turbulent, to say the least. With The UK leaving European Union back in 2020, the Covid-19 pandemic starting shortly after and the Russian invasion still ongoing, the market is as unpredictable as ever. Needless to say, we know how hard it is to keep up with constantly changing regulations and how painful it is to miss a deadline only to be rewarded with a fine.
To make your life a little bit easier, we’ve gathered a list of reports and links that will be helpful in 2022 in regards to news on regulations or requirements within the asset management sector.
The FCA is currently showing the first examples of confirming UK divergence from EU rules following Brexit. If you need to find out what reports on which dates you need to submit, have a look here.
Most firms choose to follow the FCA Handbook to ensure the top qualifications of their staff. Dive into the CFA society’s comprehensive guide to the nitty-gritty details of hiring within Asset Management.
In this update, Sidley, a diverse group of legal professionals, covers regulatory and legislative actions and sanctions following the invasion of Ukraine. In addition, Sidley covers a list of high-risk countries for money laundering purposes, fines by the FCA, crypto assets and more within the UK and EU markets.
Details of offeree companies and offerors currently in an offer period. Positions and dealings in relevant securities must be disclosed under Rule 8 of the Code (read the summary here).
This report covers three main topics – ESG and transition to net-zero, developments in AIFMD, ELTIFS/LTAFs and UCITS, and, lastly, the introduction of “consumer duty”. In addition, it discusses PRIIPS and how a Firm’s Prudential Regime is embedded into firms starting in January. Read on to explore the challenges and opportunities these changes pose.
Looking for more? We tailored a resource centre for financial industry professionals. Open it and you might find a solution you’ve been looking for!
Don’t miss any deadlines with Strivr
Strivr is a custom-built process management solution for the Financial Services Industry. It enables users to showcase their work as the tool helps to track, prioritise and oversee business-critical recurring processes within their Operations and Administrative Teams.
The solution is proven to increase healthier work relationships, control and oversight of these tasks, in turn mitigating risk, reducing errors and increasing compliance.
Strivr details when the process needs to be completed, by whom and its priority level – alongside how to perform the task all in one window. In the main workspace, you can easily retrieve, verify and sign off the status of any process or task in real-time, from any location and on any device.
The best thing? There is no big implementation project – it’s a secure online platform, that is simple to use, and gives you a full audit trail.
Each and every client we work with has explained that their Operational Resilience has increased thanks to Strivr.
If you’re interested, you can book a free 15-minute consultation with us here.