ACA Spotlight Blog

GRC Spotlight Blog

Governance, risk, and technology insights from ACA's experienced team

ACA Professional Skills Academy Miami 2019
March 26, 2019

Soft skills are increasingly becoming the hard skills of today's workforce, which is why we’re excited to introduce the ACA Professional Skills Academy at ACA’s Spring 2019 Compliance and Performance Conference in Miami, Florida. Join ACA for the half-day workshop focused on developing your professional “presence” and improving the productivity, efficiency, and fun of corporate meetings.

Why Financial Services Firms Must Prepare for the California Consumer Privacy Act
March 25, 2019

ACA's Alex Scheinman discusses why financial services firms should prepare for CCPA compliance and develop a compliance roadmap.

Spring 2019 Alternative Fund Manager Survey
March 22, 2019

Are you interested in what frequently asked compliance questions your peers have raised or have wondered about? Participate in our Alternative Fund Manager Survey.

ACA M&A case study
March 20, 2019

This case study explains how a large cap private equity firm utilized ACA's M&A diligence and advisory services to assess the quality and sophistication of the target’s core IT software and systems.

March 20, 2019

We invite you to participate in our second Liquidity Risk Management Program Rule Survey. We understand there is a continued need for transparency and insight into the various ways mutual funds, investment advisers, and sub-advisers are approaching the liquidity risk management program rule. By participating in this survey, you can help us identify trends in how firms are complying with, or getting ready to comply with the rule. Results will be presented later this spring so you can implement some of the most common practices at your firm.

ACA Spring Conference 2019 Miami
March 19, 2019

In less than two months, hundreds of compliance and performance professionals will be arriving in Miami for ACA’s Spring 2019 Compliance and Performance Conference. This year’s event will mark the fifth anniversary of ACA’s performance track, focused exclusively on issues related to performance measurement and the GIPS standards.

Addressing the Rising Cost of Non-Compliance with RegTech
March 19, 2019

ACA's Burt Esrig illustrates how regulators' advances in tech are supporting their ever-broadening scope of responsibility, resulting in increased enforcement actions and fines. In this landscape, RegTech is no longer a "nice to have" for investment firms, but an imperative.

The SEC’s Busy February for Registered Investment Companies
March 18, 2019

The U.S. Securities and Exchange Commission (SEC) and its staff have been busy since the end of the recent partial government shutdown. While there is certainly much work behind the scenes we do not get to see, there is plenty of public work that registered investment companies should note. For instance, the following matters occurred during the last two weeks of February

March 13, 2019

How are financial services firms addressing cybersecurity risks? We recently surveyed 210 firms in partnership with NSCP to find out.

The Impact of Fee Compression on Risk Management
March 13, 2019

The bank and non-bank asset management industry is struggling with fee compression which has sparked a series of layoffs that you may have read about in recent news.

ACA Performance GIPS Standards Adoption
March 6, 2019

With each release of a new version of the GIPS standards, ACA Performance Services has noticed an increase in the rate of adoption among all types of firms, as well as increased interest in third-party verification. Historically, this interest and adoption has come primarily from more traditional asset managers that manage separate accounts and are invested in public securities.

Senior Managers & Certification Regime: 6 major challenges for firms
February 27, 2019

As firms look to address the FCA’s Senior Managers and Certification Regime (“SM&CR”), ahead of the December 9 deadline, we observe six common themes and challenges emerging from their project implementation.

Update Coming to the Three Lines of Defense Model
February 27, 2019

The Three Lines of Defense Model has gained popularity as the de facto model for organizing governance, risk management and internal control roles and responsibilities since the Institute of Internal Auditors (IIA) published “The Three Lines of Defense in Effective Risk Management and Control,” position paper in 2013. The IIA recently announced that they would embark on a key project to refresh and update this document.

ACA Spring Conference 2019 Miami
February 22, 2019

ACA’s Spring 2019 Compliance and Performance Conference is headed to sunny Miami!