Resources allocated to lengthy onboarding and compliance procedures can be significant in terms of both time and money. These costs are often passed on to clients in the form of higher fees, ...

As cryptocurrencies continue to develop and attract attention from institutions, complying with regulations is becoming ...

The IRS updated its streamlined offshore compliance procedures and issued new frequently asked questions (FAQs) with regard to the procedures. The streamlined offshore compliance procedures are for ...

But 95% of manufacturing companies still use paper-based processes (versus digital processes). This leaves them vulnerable to ...

Fact checked by Vikki Velasquez When starting out as a financial advisor, compliance can feel like a maze of regulations. However, mastering it can help avoid significant financial risk. Compliance ...

We recommend that compliance procedures include sufficient detail on the process and assign responsibility for its execution and oversight. For example, if investment adviser representatives are ...

There are numerous reasons to put some serious work into your compliance policies and procedures. They are certainly a first line of defense when the government comes knocking. The 2023 ECCP made ...

Before drafting compliance procedures, advisors should go through the exercise of thoroughly mapping out the steps that personnel should follow to best promote compliance and incorporate them in ...

A chief compliance officer (CCO) is a member of your firm’s team who can help protect your business from potential legal or regulatory issues. Registered investment advisors must have a CCO ...

Compliance responsibilities for solo RIA owners At a high level, "compliance" simply means ensuring that the firm and its employees follow all Federal and state regulations (under the Investment ...

Risk & Compliance Journal Deutsche’s Compliance Procedures Limit Damage of Sanctions Settlement Deutsche Bank Trust Co. Americas agreed to pay $583,100 to resolve claims it violated U.S ...

RIT’s Sponsored Research Services recognizes the burden of completing forms, both institutional and agency-specific, as well as the process of gathering multiple approvals prior to submission of a ...