Regulatory Compliance 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 […]

Dec

Fintech Solutions, News & Updates No Comments

Enhanced Crypto Compliance with Elliptic in Singapore

The Ascent Group is proud to announce our strategic partnership with Elliptic, the global leader in cryptoasset risk management solutions. This strategic collaboration is set to enhance our capabilities in crypto compliance significantly, particularly in developing a robust anti-money laundering framework, addressing the growing demands of the dynamic and increasingly regulated alternative investment industry. In this […]

Jul

News & Updates No Comments

Mauritius Expansion: The Ascent Group Gains Regulatory Approval from the FSC (Mauritius)

We’re thrilled to announce that we’ve received official approval from the Financial Services Commission (FSC) in Mauritius. This is a major milestone for us as we establish ourselves as a licensed financial services provider in the dynamic market of Mauritius. The Register of Licensees, published in accordance with Section 26 of the Financial Services Act 2007, […]

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 […]