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Insights

January 20, 2021 | Thought Leadership

ACA's Carlo di Florio discusses the financial industry trends and broader forces impacting risk and compliance management in 2021.

January 19, 2021 | Press Release
New advisory practice provides firms with a dedicated governance, risk, and compliance advisory service to address their environmental, social and governance regulatory compliance, cyber and performance challenges. ESG industry veteran, Dan Mistler, hired as partner to head up the new division.
January 15, 2021 | Cyber Alert

Mimecast® e-mail security company has reported a breach that affects 10% of users in which hackers may be able to access company email and other data as well as infiltrate company networks. Learn how to protect yourself from this breach.

January 14, 2021 | Compliance Alert

In its Market Watch 66, the FCA reminds firms around of their obligations to record telephone conversations and electronic communications - regardless of COVID-19 induced work environments. We examine considerations and requirements for firms. 

January 14, 2021 | Thought Leadership

In this edition of ACA's Hedge Fund Update, we discuss who the new SEC Chair may be, recent risk alerts, enforcement actions, and more.

January 14, 2021 | Cyber Alert

Regulators have taken steps to probe companies’ levels of exposure to the SolarWinds hack. Learn what information and actions have been requested so far.

January 13, 2021 | Thought Leadership

The U.S. Securities and Exchange Commission (SEC) has finalized the long-awaited overhaul of the Advertising Rule (Rule 206(4)-1 under the Investment Advisers Act of 1940 (Advisers Act)). The new rule, which is referred to as the “Marketing Rule,” was approved on December 22, 2020, and is intended to modernize the framework for investment adviser advertising and replace the patchwork of cases, no-action letters and SEC staff guidance that has developed in this area since the rule was first adopted in 1961. The new Marketing Rule also eliminates the separate Cash Solicitation Rule (Rule 206...

January 8, 2021 | Compliance Alert

From the end of the Brexit transition period on 1 January 2021, the UK became a ‘third country’ when reporting to EU regulators under the EU Short Selling Regulation. Following updates from ESMA, firms may now be subject to a dual-reporting requirement.

January 8, 2021 | Compliance Alert

Investment advisers must meet various regulatory filings requirements throughout the year. We summarized the regulatory filing submission deadlines for the first quarter of 2021.

January 5, 2021 | Compliance Alert

Following HM Treasury & ESMA announcements, the FCA has provided an update on the notification and reporting of short sales under its newly onshored regime. We examine the revised UK regime and explore if this is an early taste of post-Brexit accommodation.

December 21, 2020 | Thought Leadership

The California Privacy Rights Act of 2020 (CPRA) is a new data privacy law that substantially updates the existing California Consumer Privacy Act (CCPA) to bring California's privacy regulations into closer alignment with the European General Data Protection Regulation (GDPR). It was voted in by California voters on November 3, 2020 as Proposition 24.

Download our FAQs outlining the changes the CPRA makes to California's privacy regulations to help your firm align your privacy policy with the new requirements.

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December 18, 2020 | Thought Leadership

This year, as we responded to the pandemic, we continued to invest in enhancing our cybersecurity and privacy services to help our clients meet their firm's priorities efficiently and effectively as well as respond to the evolving cybersecurity landscape. Review a summary of 2020 cybersecurity news and insights and other resources and prepare for 2021.

December 18, 2020 | Cyber Alert

Following our Cyber Alert earlier this week about the SolarWinds breach, many extraordinary steps have been taken by industry leaders to respond to what may be the most material global intrusion campaign of the past decade.

December 17, 2020 | Thought Leadership

Firms are turning to technology at a record rate thanks in large part to the pandemic, and regulators worldwide continue to prioritize technology innovation and data. We've curated a roundup of notable alerts and insights from ACA's experts as well as ComplianceAlpha enhancements to help you catch up and prepare for a successful 2021.

December 16, 2020 | Thought Leadership

Following the end of the Brexit transition period, AIFMs wishing to market their funds should re-evaluate the AIFMD marketing notification requirements, taking into account the combination of their own jurisdiction, that of the fund, and that of their prospects in order to understand the process to follow. Our guide outlines the permutations of location of AIFMs, AIFs, and prospective investors.

December 15, 2020 | Compliance Alert - SEC

During the course of 2020, the SEC was active in proposing and adopting new rules. Beyond rulemaking, the SEC also issued exemptive orders and no-action letters of note, including actions related to COVID-19. Here, we highlight some of the SEC’s 2020 regulatory activities for registered investment companies.

December 14, 2020 | Thought Leadership

As the Brexit transition deadline looms ever closer, in excess of 1,500 global firms will need to adapt their business models and regulatory registration arrangements to continue operating within the UK – regardless of the outcome of final Brexit  negotiations. We outline the UK transitional regimes, the FCA’s expectations of international firms operating in the UK and the FCA authorisation process.

December 14, 2020 | Cyber Alert

A major breach has compromised confidential data at several U.S. government agencies, including the Treasury Department and the Department of Commerce exposing information from the executive branch, the military, and intelligence services. It has likewise compromised leading telecommunications firms, technology firms, and international governments.

December 11, 2020 | Thought Leadership

To help you stay on track with your firm’s FINRA reporting obligations, we’ve put together a printable calendar with key deadlines in addition to U.S. national holidays at a glance.

December 10, 2020 | Compliance Alert

With just days to go to the end of the transition period for the UK’s departure from the EU, we’ve developed a checklist of key considerations and activities that UK investment managers need to prepare.

December 10, 2020 | Thought Leadership

On October 6, 2020, ACA Aponix held a panel discussion about portfolio company risk management at our Cyber Week Virtual Conference. The session featured panelists from leading Private Equity (PE) firms who have worked with ACA to deploy strategic portfolio company risk management programs and included participants from over 200 firms.

December 9, 2020 | Cyber Alert

A critical vulnerability affecting Microsoft® Teams® has been reported involving attackers sending a specially crafted chat message to Teams users. Once viewed, the message captures the recipient’s sign-on information and enables remote code execution on the user’s machine.

December 7, 2020 | Thought Leadership

In the second edition of ACA's Hedge Fund Update we cover recent industry news, regulatory updates, enforcement actions, and more.

December 3, 2020 | Thought Leadership

As you look ahead to 2021, take a look at a few of 2020’s key regulatory and industry highlights that may impact how you prioritize year-end compliance tasks, allocate resources, and plan future initiatives.

December 2, 2020 | Press Release

The RegTech100 recognizes the most innovative RegTech companies transforming compliance, risk management, and cybersecurity in financial services.