Andrew Poole’s Post

💡On 1st August 2024, the FCA introduced new rules for firms wishing to purchase investment research. Previously, the costs of investment research were bundled together with the costs of other services, typically execution services, provided by investment research providers, making the cost of research opaque and potentially unfair to clients. MiFID II requirements then introduced the concept of “unbundling”, whereby the costs of research were explicit and purchased separately from any other service from the provider and which were purchased either from the firm’s own resources or from a research payment account funded by the firm’s clients. Read more to learn about the additional option the FCA will introduce here 👉 https://lnkd.in/ey4W7ddi #Compliance #MiFIDII #FCA #Regulations #Complyport #FinancialServices #investment #investmentresearch

Not exactly a return to previous practices but this approach gives firms another option of how to finance investment research. #fca #compliance #investment #research

Our Cayman regulatory experts are running a webinar next week focusing on managing risk and creating success in cayman funds – with a particular focus on the regulatory landscape. It will be a great session and we're looking forward to answering as many of your questions as we can in time! Don't forget to secure your place as we have some spaces left. Register below: https://lnkd.in/en-SZniQ #funds #regulatory #ogier

We are looking forward to one of our regulatory experts, Paul Grainger, speaking on a panel at the ISDA and The Investment Association 'Transaction Reporting Evolution' event this Thursday. Titled 'The ISDA DRR and the Future of Regulatory Reporting', the panel will cover the topic of the ISDA DRR, the solutions it delivers, where it fits into the reporting ecosystem, and the benefits it brings Click the link to find out more about this, and other panels on the event's agenda - https://lnkd.in/e-SuavYa #RegulatoryReporting #ISDA #Compliance #TransactionReporting

Alternative investment funds (AIFs) are reeling under a host of compliance requirements resulting in higher cost and regulatory overlaps. The recent diktats include a new, detailed format for private placement memorandum (PPM) audit, conducting due diligence on investors to ensure there is no circumvention of financial sector regulations and the need to clear an NISM certification examination every three years by key fund managers. The new audit format will entail more obligations on the auditor and likely result in more inspections by the regulator. In this context, #AshleyCoutinho from businessline writes on “𝗔𝗜𝗙𝘀 𝗿𝗲𝗲𝗹 𝗮𝘀 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗱𝗶𝗸𝘁𝗮𝘁𝘀 𝗺𝗼𝘂𝗻𝘁” with comments from our Partner Vinod Joseph. Read the article here: https://bit.ly/44Jg4fp #elp #AIF #investment #funds #diktat #compliance #memorandum

❗ 𝗔 𝗦𝘁𝗲𝗽, 𝗡𝗼𝘁 𝗮 𝗟𝗲𝗮𝗽 - 𝗧𝗵𝗲 𝗞𝗲𝘆 𝗖𝗵𝗮𝗻𝗴𝗲𝘀 𝗕𝗿𝗼𝘂𝗴𝗵𝘁 𝗔𝗯𝗼𝘂𝘁 𝗯𝘆 𝗔𝗜𝗙𝗠𝗗 𝟮.𝟬 AIFMD 2.0, published on 26 March 2024, introduces significant updates to the EU investment funds’ regulatory regime, marking a crucial step in modernizing the legal framework. Read our latest article to 𝗱𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗮𝗻𝗱 𝘁𝗵𝗲𝗶𝗿 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗮𝘀𝘀𝗲𝘁 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁. ➡️ Learn more: https://lnkd.in/esCeKjZM #MAPSPlatis #Funds #AIFMD #Finance #Financialservices #InvestmentFunds #Regulations #RegulatoryCompliance #AssetManagement

On 15 April 2024, Directive 2024/927/EU (AIFMD II) entered into force, bringing significant changes to the Alternative Investment Fund Managers Directive (AIFMD) and, to a relevant extent, the Undertakings for Collective Investment in Transferable Securities (UCITS) Directive. Discover the upcoming changes being brought by the updated AIFMD regime. Should you wish to discuss further, please contact Alex Azzopardi, Giselle Borg and Gilbert Grech. #AIFMD #alernativeinvestment #fundmanagers #advisory #advisoryservices

🚨 Reminder! 🚨 Don't miss our upcoming webinar on Navigating Regulatory Changes in Investment & Wealth Management! 🗓️ Date: Wednesday, July 31st, 2024 🕚 Time: 11am BST | 12pm CEST Gain insights on: -Anticipating regulatory shifts -Rethinking operational models -Turning challenges into advantages 👉 Register now! #InvestmentManagement #WealthManagement #RegulatoryCompliance #Webinar #FinancialServices #AssetManagement

The Financial Conduct Authority (FCA) has recently announced its intention to conduct a comprehensive review of the methodologies employed by fund managers in valuing private equities and other unquoted investments. This initiative reflects the growing importance of transparency and accuracy in the valuation practices within the investment industry. Anticipated to culminate in a detailed report, this review signifies a proactive step by the FCA to ensure alignment with evolving market standards and regulatory expectations. By scrutinizing the valuation methods utilized by fund managers, the FCA aims to enhance investor protection and maintain market integrity. Expected to unfold towards the year-end, this review holds significant implications for both fund managers and investors alike. It underscores the imperative for robust valuation frameworks that accurately reflect the underlying value of private equities and unquoted investments, thereby fostering greater confidence and trust in the financial markets. As the regulatory landscape continues to evolve, market participants are urged to stay attuned to updates from the FCA and proactively engage in the dialogue surrounding valuation practices. This collaborative approach will be instrumental in fostering a resilient and transparent investment ecosystem that benefits all stakeholders. #litigation #disputes #disputemanagement

Regulation within the private equity (PE) sector is a critical area that can significantly impact operations, investment strategies, and compliance requirements for firms. Colin Knight's emphasis on "Regulation" within PE underscores the evolving landscape of financial oversight and the importance of staying ahead of regulatory changes. When considering future regulations in private market investments and the role of regulatory bodies like the Financial Conduct Authority (FCA) in the UK, several factors come into play: Future Regulatory Trends 1- Increased Transparency: There is a global trend towards increasing transparency in private market investments. Regulators may require PE firms to disclose more detailed information about fees, investment strategies, and fund performance. 2- Investor Protection Measures: The FCA, like other regulatory bodies, is focused on protecting investors, which may lead to stricter due diligence requirements, better disclosure of conflicts of interest, and enhanced governance standards for PE firms. 3- Environmental, Social, and Governance (ESG) Compliance: With the growing emphasis on ESG factors, regulators may impose more stringent requirements on PE firms to integrate ESG considerations into their investment processes and report on ESG-related outcomes. 4- Operational Resilience: Given the increasing complexity of the financial system, the FCA and other regulators may focus on ensuring that PE firms have robust operational resilience frameworks to manage financial shocks and stresses.