Ucits funds still pose operational risks, says Credit Suisse
Lapse rate for unique identifiers is rising
Big players should cut local services if information on customers lacking
Investment consultants accused of offering poor substitute to decent research
Due diligence requirements prompting banks to axe financial services
Lax due diligence and heroic top-down positions highlighted too
Corporate governance initiatives gain traction with funds and investors
Head of op risk discusses concerns about the Orsa and third parties
OpRisk North America: No list of critical activities for banks and third parties, OCC tells delegates
OCC will leave banks to make their own judgements
Investors say directors should provide active oversight
Sponsored Q&A: Amundi Alternative Investments
Hedge fund investors are putting more emphasis on regulatory compliance and independent governance structures as part of their pre-investment and on-going operational due diligence says Deutsche survey
Quantifying operational risk
Operational due diligence analysts find more red flags in hedge funds’ compliance and regulatory functions than any other area
Behind the facade
Corporates to drive EM growth but watch financial market development, say Credit Institute panellists
Panellists in the Credit Institute forum on ‘Sovereign or Corporate, Global or Local’ said that corporates will drive credit growth in emerging markets, but investors cannot afford to ignore financial market development or to forgo due diligence.
A growing number of lawsuits have emerged accusing fund management firms of investing client money with Bernard Madoff without conducting adequate due diligence. Do these accusations have merit? What are fund managers doing to improve their due diligence...
The Joint Forum and the International Organization of Securities Commissions published Outsourcing in Financial Services in early August.