In 2023, the Securities and Exchange Commission issued various proposed rules on regulatory changes that will affect SEC-registered investment advisers (RIAs). Since these rules are likely to be put into effect, RIAs should...more
1/12/2024
/ Analytics ,
Conflicts of Interest ,
Custody Rule ,
Cybersecurity ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Outsourcing ,
Policies and Procedures ,
Predictive Analytics ,
Proposed Rules ,
Registered Investment Advisors ,
Risk Management ,
Securities and Exchange Commission (SEC)
In 2023, Registered Investment Advisers (“RIAs”) who are registered with the Securities and Exchange Commission (“SEC”) should be prepared for regulatory changes. These include proposed changes to rules governing RIA...more
On September 30, 2022, the U.S. Financial Crimes Enforcement Network (“FinCEN”) published its final rule implementing Section 6403 of the Corporate Transparency Act (“CTA”). The final rule, which will take effect on...more
Like many jurisdictions around the world, the Qatar Financial Centre (QFC) has established compliance procedures that require legal entities registered or formed in the QFC to identify their ultimate beneficial owners (UBO)....more
In the wake of Russia's military invasion of Ukraine, several countries, starting with the 27 member states of the European Union and followed by the United States, Canada, Switzerland and Norway, have implemented...more
3/7/2022
/ Aircraft ,
Biden Administration ,
Department of Transportation (DOT) ,
Economic Sanctions ,
EU ,
European Council ,
Federal Aviation Administration (FAA) ,
Information Reports ,
Russia ,
UK ,
Ukraine
On December 8, 2021, the U.S. Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking (NPRM) implementing Section 6403 of the Corporate Transparency Act (CTA), which gives the public until...more
12/21/2021
/ Anti-Money Laundering ,
Beneficial Owner ,
Corporate Transparency Act ,
Domestic Corporations ,
FinCEN ,
Foreign Corporations ,
National Security ,
NPRM ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act
In May 2021, Qatar implemented the first phase of its national COVID-19 response plan for the gradual lifting of the COVID-19 restrictions. On October 3, 2021, Qatar entered into the fourth and final phase of the plan, as the...more
Last month, the SEC Division of Examinations (the "Division"; formerly the "Office of Compliance Inspections and Examinations") released its annual Examination Priorities for 2021. RIAs and their Chief Compliance Officers are...more
4/15/2021
/ Cybersecurity ,
FinTech ,
Investment Adviser ,
Libor ,
Money Laundering ,
OCIE ,
Registered Investment Advisors ,
SEC Examination Priorities ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Standard of Conduct
On December 22, 2020, the SEC adopted amended Rule 206(4)-1 under the Investment Advisers Act of 1940, updating the rules governing investment adviser marketing ("Marketing Rules"). The new Rule replaces the currently...more