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October 18, 2019 | Thought Leadership

Robotic Process Automation (RPA) refers to the use of software to perform repetitive, routine tasks that are considered monotonous and uninteresting to humans.

In its simplest definition, RPA is:

October 18, 2019 | Thought Leadership

ACA's Patrick Conroy recently shared his insights on the benefits of regulatory technology (RegTech) with FT Adviser.

October 17, 2019 | Thought Leadership

A cyber-attack can happen at any time, often when we least expect it. Many of us wouldn't even think of the possibility of being hacked during something as routine as our morning commute. However, the reality is that many of us use electronic devices every day, all day, that can become targets for cyber crime. The good news is we can prevent these attacks. This blog post discusses how.

October 17, 2019 | Press Release
ACA’s new Analysis and Review Centre provides a dedicated compliance resource hub to support financial service firms with their essential everyday regulatory responsibilities

ACA Compliance Group (ACA) today announced the expansion of its European presence with the opening of a new office in Birmingham. From this new location, ACA will offer a full suite of services designed to strengthen and streamline financial services firms’ governance, risk and compliance arrangements. 

October 16, 2019 | Compliance Alert

Learn more about the California Consumer Privacy Act (CCPA) amendments signed into law October 11, 2019. The CCPA, with the accepted amendments, will go into effect on January 1, 2020. 

October 16, 2019 | Compliance Alert - FINRA

On October 8, 2019, FINRA released a new Reg BI and Form CRS Checklist to help firms determine whether their supervisory systems are in compliance with Regulation Best Interest and the Form CRS Relationship Summary.

October 9, 2019 | Compliance Alert - FCA

Despite being pleased with progress so far around Research Unbundling, the FCA says it's a work in progress. The regulator will conduct another review in 18-24 months. What must firms consider to ensure their approach to research payments meets regulatory expectations? 

October 7, 2019 | Thought Leadership

New York State Insurance Fund released an RFP last week seeking managers for up to $1 billion to be distributed across high yield corporate bonds, bank loans, CLOs, or some combination of all three asset classes.

October 4, 2019 | Thought Leadership

The Institute of Internal Auditors (IIA) published a new position paper on September 19, 2019 about the importance of an Internal Audit Charter and how it enhances the effectiveness of the Internal Audit function.

October 2, 2019 | Compliance Alert - SEC

On September 25, 2019, the Securities and Exchange Commission (the “SEC”) adopted new Rule 6c-11 under the Investment Company Act of 1940 (the “IC Act”) requiring certain exchange-traded funds (“ETFs”) to operate without exemptive relief if they satisfy conditions designed to promote investor protection.

October 1, 2019 | Press Release
New compliance and risk management platform from the industry’s largest team of former regulators, financial technologists, and cybersecurity professionals helps global financial services firms to strengthen and streamline their risk and compliance program across the enterprise from a single location.

ACA Compliance Group (ACA), a leading provider of governance, risk, and compliance advisory services and technology solutions, today launched ComplianceAlpha® 2.0.

October 1, 2019 | Product Update

We’re excited to announce the launch of ComplianceAlpha®2.0, our next-generation software platform designed to help your firm strengthen and streamline risk and compliance management across the enterprise from a single location.

September 27, 2019 | Thought Leadership

Breaches and cyber incidents occur when employees are not fully trained on how to identify cyber issues, policies are not being followed, and third-party systems are not fully vetted or secured. Well informed employees are better equipped to protect themselves and your firm against cyber threats.

Resources for Cybersecurity Education

During the month of October, businesses across the globe will focus on educating their employees on how to stay diligent and safe onlineAs we prepare internally for Cybersecurity Awareness Month, we’d like to share some resources you can use to...

September 27, 2019 | Thought Leadership

In 2014, the ARC was created to provide a simple way for CCOs to outsource the exhaustive and time-consuming task of email communications reviews. Today, the ARC is a dedicated knowledge center that provides efficient, scalable, and cost-effective compliance support to thousands of firms with over 10 established services as well as client tailored, bespoke solutions. Learn more about how the ARC has evolved and why managed services are the wave of the future for compliance.

September 26, 2019 | Compliance Alert - SEC

On August 21, 2019, the U.S. Securities and Exchange Commission (the “SEC” or the “Commission”) published two sets of guidance on proxy voting. The first Guidance (“Guidance”) was issued to help investment advisers to fulfill their proxy voting responsibilities under the Proxy Voting Rule or Rule 206(4)-6 of the Investment Advisers Act of 1940. In the Guidance, the SEC clarifies investment advisers’ responsibilities, particularly when advisers retain a proxy advisory firm to help them to fulfill some of the...

September 25, 2019 | Press Release

ACA Compliance Group (ACA), a leading provider of governance, risk, and compliance advisory services and technology solutions, today announced the launch of ACA’s holistic surveillance solution. The new offering brings together ACA’s established surveillance services and technology solutions in a comprehensive package designed to help firms meet the surveillance expectations of regulators as well as to replicate their technological capabilities.

September 24, 2019 | Thought Leadership

ACA’s Hedge Fund Practice hosted a breakfast event in Boston with local CCOs, with a fireside chat with senior staff from the Securities Exchange Commission’s (“SEC”) Office of Compliance Inspections and Examinations (“OCIE”) and Division of Enforcement. The SEC staff discussed priorities pursued by OCIE and Enforcement, the SEC’s use of data analytics, challenges related to deficiencies (or a lack there of) stemming from exams, and expectations around firm’s trade surveillance policies, procedures, and practices. Read our key takeaways.

September 19, 2019 | Press Release

ACA Compliance Group (ACA) saw continued growth and increased adoption of its NorthPoint Data Management Solutions for investment managers in the first half of 2019. These solutions include data warehouse, security master, and price master functionality.

ACA’s NorthPoint Data Warehouse is designed to meet the needs of leading investment managers to have a data strategy that ensures proper consolidation and data quality validation from all systems and service providers across their firm. Investment managers continue to look for better solutions to automate and efficiently manage their...

September 19, 2019 | Thought Leadership

Today, many financial institutions are changing the anti-money laundering (AML) technology platform they use to perform required compliance processes, such as transaction monitoring and sanctions screening. Once the process has started, there are important considerations around data migration that must be managed correctly.

September 16, 2019 | Press Release
Carlo joins ACA from executive positions at FINRA and the SEC’s Office of Compliance Inspections and Examinations.

ACA Compliance Group (“ACA”) announced today that Carlo di Florio has joined ACA’s leadership team as Global Chief Services Officer (“CSO”).

As ACA’s CSO, Carlo will be instrumental in defining and executing the vision for ACA’s governance, risk, and compliance (“GRC”) service offerings. His responsibilities will include oversight, management, and strategic growth of ACA’s global regulatory compliance, cybersecurity and risk, AML and financial crimes, and performance...

September 12, 2019 | Thought Leadership

Leaving annual review prudential regulatory preparations until December creates a last-minute crush of work, and may result in key areas being overlooked. We discuss the importance of reviewing and refreshing prudential programmes in a timely manner

September 11, 2019 | Product Update

We’re putting the finishing touches on ComplianceAlpha 2.0, our next-generation compliance and risk management platform. We can’t wait to share what we’ve built to help your firm bring its compliance program to the next level.

September 6, 2019 | Thought Leadership

The investor community increasingly demands that investment performance be calculated without the use of subscription lines of credit. ATP Private Equity Partners, the fund of funds arm of Denmark’s largest pension, has recently changed its due diligence process to request returns without the “flattering effect of subscription lines.”

September 6, 2019 | Compliance Alert

The Luxembourg regulator, (the CSSF) has outlined provisions to allow for contract continuity of existing relationships established and serviced via passporting rights under various EU directives for 12 months. Application deadline is 15 September 2019. What does this mean for financial services firms?

September 5, 2019 | Thought Leadership

In just two short weeks, compliance professionals will arrive in Austin, TX for ACA’s Fall 2019 Compliance Conference. Still on the fence? Below are a few reasons why ACA’s Fall Conference is not just a conference you should attend, but one you need to attend.