Financial services professionals are reading about...
|Nonbank SIFIs: Up next, asset managers - October 2013
A few large asset managers will likely be proposed for SIFI designation by the Financial Stability Oversight Council.
|Money market funds: The SEC’s long awaited proposal - July 2013
The SEC recently issued a proposed rule that would fundamentally alter money market fund regulation and disclosure.
|Asset managers: SEC and European regulators agree to share information and cooperate on oversight - July 2013
The SEC and the European Securities and Markets Authority finalized a supervisory cooperation agreement on July 18th to allow regulators to share supervisory information about investment advisers doing business internationally.
|EU bonus cap: UCITS asset managers narrowly escape bonus limits - July 2013
The European Parliament narrowly voted down rules limiting bonuses for certain asset managers.
The current regulatory environment has investment management firms grappling with a growing number of requirements and expectations from both regulators and investors. The consequences of non-compliance with those requirements and expectations are regularly in the news and key stakeholders, such as investors, boards of directors, regulators and the public in general, are increasingly questioning the effectiveness of existing compliance programs.
A sound system of compliance controls is essential in protecting your firm from business, regulatory and reputational risks. A strong compliance function will also become a factor of increasing importance which will define and set a firm apart from its competition.
Our asset management regulatory team, a part of our national FS regulatory practice, includes a group of experienced professionals with diverse backgrounds in the asset management industry. With teams located in our New York, Boston, San Francisco, Los Angeles and Washington DC offices, and participation in PwC's broad based global financial services practice, we are able to assist our investment management clients anywhere in the world.
Our team includes:
Our mission is to assist asset managers in identifying, assessing, and controlling business, operational, and compliance risk in an efficient and cost-effective manner. What sets PwC's investment management regulatory team apart is its commitment to learn and understand the unique operations of each investment management firm and provide tailored controls and solutions for your unique regulatory and compliance issues.
Among the services we commonly provide our clients are the following: