ACA Spotlight Blog

ACA Spotlight Blog

Regulatory compliance, risk, and technology insights and news

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ACA's experienced compliance, risk, and technology professionals regularly provide commentary on industry news, trends, and best practices. Our blog now consolidates all ACA compliance alerts, thought leadership articles, white papers, cybersecurity alerts, and results from ACA surveys to help you find the information you need more quickly and easily. For ACA compliance alerts prior to March 2019, see our News Archive.

Potential Risks for Banks Using Third-Party Broker-Dealers
Thought Leadership
January 7, 2019

Third-party risk management is a key priority for banking regulators like the Office of the Comptroller of the Currency (“OCC”). Every one of the many thousands of service providers a bank may use exposes them to different levels of risk - some of which can be serious and costly. This is why banking regulators are requiring strong, risk-based due diligence and ongoing monitoring before and after a third party is hired. Roy Kim explains what you need to know.

5 Cybersecurity Trends to Watch Out for in 2019
Thought Leadership
January 4, 2019

What are the top five cybersecurity trends your company should prepare for in 2019?

One year on: MiFID II continues to challenge
Thought Leadership
January 3, 2019

As of today, 3 January, the EU’s Markets in Financial Instruments Directive II (MiFID II) has been live for a year. However, firms – and the Financial Conduct Authority (FCA) – are continuing to encounter challenges around the implementation of this significant package of changes.

APS 2018 review blog
Thought Leadership
December 27, 2018

With the New Year upon us, what better time to reflect on an unforgettable year? The last 12 months have been a period of remarkable growth and transformation across ACA’s Performance Division.

ACA top 10 webcasts of 2018
Thought Leadership
December 21, 2018

Here are our top 10 most-viewed webcasts of 2018.

ACA's Top 10 Blog posts of 2018
Thought Leadership
December 20, 2018

The ACA Spotlight Blog recently celebrated its first anniversary. Here are our top 10 most read blog posts from 2018.

Technology and AML
Thought Leadership
December 20, 2018

Technology is an essential weapon for financial services firms in the battle against anti-money laundering (AML). The Office of the Comptroller of the Currency (OCC) issued a joint statement with other regulators earlier this month encouraging financial institutions to try new and innovative ways of combating AML. Three types of technology – advanced analytics, software robots, and artificial intelligence (AI) – could help make it easier to detect and prevent money laundering, as well as comply with existing regulations and follow the guidance of this joint statement.

SFC's FMCC Five Important Next Steps
Thought Leadership
December 18, 2018

The deadline of November 18, 2018, has now passed for the SFC FMCC. As with many regulatory change projects, implementation is no longer “the end” of the road, rather, it is a beginning of sorts. And so it is for Hong Kong’s fund management community and the new code of conduct. With the regulation now in force, there are a number of activities firms should undertake to ensure ongoing compliance with regulatory expectations.

Data Governance blog
Thought Leadership
December 14, 2018

While the financial institutions have the desire to improve the data quality and availability, data governance is often driven by external regulations to implement a program to ensure requirements outlined in DFS Part 504 regulation are met.

Third-Party Risk Management: DIY
Thought Leadership
December 14, 2018

Performing third-party risk management (TPRM) on vendors is a complex, high-stakes process. So how do you decide what is the right solution for your company? Here are 5 key differences to help you determine whether process automation or process outsourcing is best for your company.

Trader looking at screen
Compliance Alert
December 13, 2018

The UK’s Financial Conduct Authority (FCA) is increasing its focus on market abuse at buy-side firms with new publications, activities and potential enforcement actions, according to panellists at an ACA Compliance Group (Europe) briefing held in London in mid-November.

Employee Data Governance Policies
Thought Leadership
December 12, 2018

Regulatory mandates and pressure from investors are driving firms to implement new security policies which can be challenging for employees. Here's a set of key guidelines to minimize the impact and maximize the value of implementations for your employees.