Compliance & Regulatory Updates Archives

Side-by-side comparison of two workspaces: on the left, a cluttered desk representing the challenges of self-administration; on the right, a clean and organized desk symbolizing the efficiency and simplicity of outsourced fund administration.

Mar

Compliance & Regulatory Updates, Fund Solutions No Comments

Fund Administration vs. Self-Administration: Which Is Right for You?

Should you manage fund administration in-house or outsource it? This guide helps you weigh the pros and cons to make the right choice.

Apr

Compliance & Regulatory Updates No Comments

FinCEN Looks To Expand AML Rules to Investment Advisers

What’s Happening? On 13 February 2024, the Financial Crimes Enforcement Network (FinCEN) put forward a proposal to expand the anti-money laundering and counter-terrorist financing (AML/CFT) rules under the US Bank Secrecy Act (BSA) to US investment advisers. This change aims to bring investment advisers, including hedge funds, private fund advisers, and venture capital fund advisers, […]

Apr

Compliance & Regulatory Updates, News & Updates No Comments

MAS Responds to its Repeal of the RFMC Regime

Key Details on the RFMC Regulation Changes The Monetary Authority of Singapore (MAS) has released important responses regarding the repeal of the Registered Fund Management Companies (RFMC) regulatory framework. For detailed information on MAS’s responses, please access the full document here. Transition Timeline and What You Need to Know Repeal and Transition: MAS is targeting to repeal […]

Sep

Compliance & Regulatory Updates, Fintech Solutions, Fund Solutions, News & Updates No Comments

The Ascent Group Expands into India’s GIFT City with Regulatory Approval

What is GIFT City? GIFT City is India’s first and only authorized International Financial Services Centre (IFSC), located in Gandhinagar, Ahmedabad, Gujarat. As a multi-service Special Economic Zone (SEZ), it serves as a premier offshore financial hub, designed to strengthen India’s financial ecosystem and attract global investments. The Ascent Group: A Global Fund Administration […]