The SEC Division of Examinations, formerly known as the Office of Compliance Investigations and Examinations (OCIE), provided a discussion of key risks and trends in its 2021 Examination Priorities document.
In a recent letter to CEOs, the FCA talked about the importance of robust governance frameworks that allow cultures and values to drive decision-making across the business; and how critical it is for firms to be managed by effective boards with a suitable mix of skills and experience in order to conduct proper oversight of the firms' risks, strategies, policies and controls.
The SEC Division of Examinations recently issued the Risk Alert The Division of Examinations’ Review of ESG Investing to provide observations from recent exams of investment advisers, registered investment companies, and private funds offering Environmental, Social, and Governance (ESG) products and services.
How gaps are addressed is key to the success of your compliance program. But how should firms identify these gaps—and insure that company leadership is aware of them?
The benefits and affordability of current compliance technology are well known to regulators. Recent SEC guidance and risk alerts have consistently pointed to a lack of adequate technology as a deficiency in compliance programs. Could minimum technology standards for compliance be far behind?