MiFID II: Six Months Later

MiFID II: Six Months Later

Author: NICSA It’s been more than half a year since the Markets in Financial Instruments Directive (MiFID II) came into effect, and in that time, the legislation has fundamentally reshaped the financial landscape for EU firms, as well as non-EU firms that distribute products via affected intermediaries. “MiFID II has brought enormous complexity to asset…

SEC Fiduciary Rule Proposal – The Finer Points

SEC Fiduciary Rule Proposal – The Finer Points

Author: NICSA On April 18, 2018, the Securities and Exchange Commission (SEC) voted 4-1 to propose a package of rules and interpretations intended to enhance the retail investor experience and provide greater transparency regarding investors’ relationships with advisers and broker-dealers. NICSA members took a close look at the proposal during a recent #WebinarWednesday discussion moderated…

Staying Ahead of Sanctions

Staying Ahead of Sanctions

Author: NICSA From OFAC sanctions on Russian oligarchs to the U.S.’s recent withdrawal from the Iran nuclear deal, changes in global politics are making regulatory compliance an increasing challenge for firms. According to Sam Sundera, Regional Manager, West Coast Americas at SIX,there are more than 4,500 sanctioned securities listed across all global exchanges with approximately…

GDPR Is Here: Are You Ready?

GDPR Is Here: Are You Ready?

Author: NICSA The General Data Protect Regulation (GDPR), in effect on May 25, has impacted funds, distributors, administrators and depositaries that come in contract with personal data of EU citizens, regardless of where they are based. NICSA members received details about the regulation, industry obligations and other practical guidance during a recent #WebinarWednesday session moderated…

Penetrating the RIA/Family Office Space

Penetrating the RIA/Family Office Space

Author: NICSA As fund managers increasingly turn to the unique RIA/family office market for growth opportunities, an effective distribution strategy becomes more important than ever. NICSA members were coached on how to successfully interact with key investment research teams — including Pacific Life, Independent Financial Partners, and Massey Quick Simon— during a recent #WebinarWednesday panel…

The Confluence of Tech and Ops in Asset Management

The Confluence of Tech and Ops in Asset Management

Author: NICSA Breakthrough technology is reshaping the asset management business model at record speed. As tech and ops become increasingly interwoven, firms are positioning themselves to both leverage new opportunities and navigate potential complexities. “Technology is advancing at an exponential rate,” Brandon Anderson, Relationship Executive, DST Systems, Inc., said to members on #WebinarWednesday. “A key…

Navigating the World of ESG Investing

Navigating the World of ESG Investing

Author: NICSA Whether they’re seeking to ensure profitability or guarantee that their investments reflect their values, investors are increasingly considering environmental, social and governance (ESG) factors in their decision-making processes, making fund-level transparency vital. “We’re seeing demand for more transparency around ESG to aid in product selection as well as the due diligence process,” Larry…

Ensuring Compliance with Unclaimed Property Regulations

Ensuring Compliance with Unclaimed Property Regulations

Author: NICSA For fund companies keeping up with a plethora of regulatory standards, unclaimed property compliance can often get lost. However, it’s important to remain educated on state escheatment laws in order to protect shareholders and minimize the risk of costly audits. Unclaimed property legislation is rapidly evolving, and financial services companies must keep up…

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