What are the Core Functions of Compliance?

What is the role of compliance? If you ask that question of employees and senior leaders in some firms, you might hear “to enforce the rules” or worse, “sales prevention.” Compliance in any organization is charged with enforcing the rules, but that shouldn’t be seen...

Is your Compliance Department prepared to show its work?

When the regulators come calling (and they will come calling, eventually), how will you demonstrate your firm’s compliance with applicable regulations? What if, instead of the regulators, it’s the board of directors asking for proof that the compliance department has...

Defining “Success” for Compliance Officers

How do you measure your professional success as a Compliance Officer? A lack of regulatory actions should not be taken alone as proof that a CCO is successful. After all, any organization can have compliance issues that have simply not been uncovered yet. Of course,...

C-Suite Exposure to Market Abuse: Mitigating the Risk

While most of the attention of regulators is focused on market abuse by regulated financial services firms, the full range of publicly listed companies are now also being encouraged to pay more attention to these issues. The reason is simple – widening company share...

Considering the Case for Compliance on the Board?

Historically, members of financial services firms’ boards of directors haven’t had much direct compliance experience. Instead, directors were chosen based on their broad business acumen. That approach may be changing as boards face mounting pressure to protect the...

Is Compliance Expertise Required at the Board Level?

Historically, members of financial services firms’ boards of directors haven’t had much direct compliance experience. Instead, directors were chosen based on their business acumen. That trend may be changing as boards face mounting pressure to protect the companies...

Reducing the Burden of Rule 17j-1 Compliance

If your firm is subject to Rule 17j-1 (Personal investment activities of investment company personnel), it’s probably not the compliance team’s favorite rule. Rule 17j-1, like its counterpart in the Investment Adviser’s Act, Rule 204A-1, can be labor-intensive and...

ComplySci Appoints Amy Kadomatsu Chief Operating Officer

New York – July 9, 2018 – ComplySci, a leading provider of technology solutions that help financial services organizations stay ahead of risk, today announced that Amy Kadomatsu has joined the company as Chief Operating Officer. With an extensive background in...