Why (proper) shareholding disclosure doesn't end at delegation
Delegation is common practice in investment management, especially for endowments and pensions. Unfortunately, it is not as simple as it seems.
Read about their experience of our Shareholding Disclosure and Position Limit services.
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Delegation is common practice in investment management, especially for endowments and pensions. Unfortunately, it is not as simple as it seems.
Automate aggregation requirements for entities that have delegated management or voting authority.
Hong Kong regulator Securities and Futures Commission (SFC) issues fine for failure to ensure short position reports (SPRs) under the Securities and Futures Short Position Reporting Rules (SPR Rules).
As financial markets continue to globalise, the changing nature of regulatory requirements means that firms' approaches to compliance must be reconsidered.
The gap between practice and regulatory interpretation can be closed by having a common interpretive framework, codified in a single rule set, with an ability for collaboration.
Here we discuss the complexities of maintaining regulatory data in detail & address the importance of enlisting domain expertise necessary to ensure compliance.
When it comes to shareholding disclosure, it is almost impossible for a lawyer in a given jurisdiction to cover every consideration a firm must face.
Regulation is ever evolving and can change at short (or no) notice. As a result, coding your own rules poses several risks.
The most common attribute in disclosure regulation is not the incorporation, headquarters, or assets of a company, but where their securities are listed.
The simple yet misunderstood concept of creating an industry-standard shareholding disclosure algorithm means that any single institution belongs to a community of compliance experts, and is better off as a result.
One of the most misunderstood aspects of compliance with Shareholding Disclosure and transparency regulation is determining which entities, funds, or portfolios one must combine (aggregate) to know one’s ownership of a company or class of security.
FundApps brings peace-of-mind for a compliance officer, the board of directors and the company as a whole which means knowing that compliance monitoring is evidenced and accessible after only a few clicks.