Financial services regulatory practice: How we can help asset managers

October 2013
  • Print-friendly version
Financial services regulatory practice: How we can help asset managers

At a glance

PwC can help address regulatory compliance issues and manage regulatory risk effectively. Our asset management regulatory team, a part of the firm’s national financial services regulatory practice, is comprised of experienced professionals with diverse backgrounds in the asset management industry.

Over the past two years, there has been tremendous change in regulation. Alternative asset managers will soon have to comply with new legislation, regulations, inspections and enforcement actions. It seems clear too that the current regulatory environment is focused on strong enforcement.

This regulatory environment has asset 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.

Now is the time for asset managers to assess their operations, processes and procedures to ensure that they have a governance and control environment that can prevent significant breaches of their fiduciary duty, as well as assure meaningful disclosure to investors and sound compliance practices. At a time when many are struggling to remain profitable, asset managers are now expected to invest in strong infrastructure and controls.

PwC can help address regulatory compliance issues and manage regulatory risk effectively. Our asset management regulatory team, a part of the firm’s national financial services regulatory practice, is comprised of experienced professionals with diverse backgrounds in the asset management industry.