Whitepapers

SEC Reporting Modernization Ready with CSS

SEC Investment Company Reporting Modernization arrives in June 2018, but the work has to start now. Our comprehensive solution informed by our extensive experience, allows you to become Reporting Modernization ready in good time, improving data flow and quality across your company and between your stakeholders while implementing best practice to enhance your relationship with the SEC.

PRIIPs Compliance with CSS

The Packaged Retail Investment and Insurance‐based Products (PRIIPs) regime arrives in January 2018, creating an entiely new framework for a broad range of retail investment products, the centrepiece of which is a Key Information Document (KID). Our comprehensive solution allows you to become PRIIPs ready in good time, organising the collection of key data and calculations, the production and hosting of your KID, and the exchange of information between you and your stakeholders throughout the manufacturing and distribution chain.

MiFID II Compliance with CSS

Firms across the breadth of the investment management and distribution landscape have faced a new and onerous set of challenges since January 2018 when MiFID II came into force. Our suite of products help you to reach MiFID II compliance while ensuring that you can continue to sell your funds and service your clients without interruption, whatever your place in the fund and investment management chain.

Overview Of Regulatory Priorities – 2017

In early 2017, the SEC’s Office of Compliance Inspections and Examinations (OCIE) and FINRA released their annual examination priority letters, highlighting areas of examination focus for the year. Given that there are many common concerns, this article summarizes both letters, highlighting topics common to both investment advisers and broker-dealers, followed by topics specific to investment … Continued

Corporate Responsibility For Cybersecurity

Financial services are target No. 1. That was confirmed in a 2014 SEC cybersecurity roundtable when Larry Zelvin, then a top cybersecurity official of the U.S. Department of Homeland Security, laid out the agency’s rankings of the nation’s most critical infrastructures as it relates to cybersecurity. Want to read more? Fill in the form below … Continued

Passwords: Long is Strong

It seems like there’s a new data breach in the news every other week. The fact is that hacking tools become more advanced everyday—and it’s hard to keep up and stay safe. Passwords today are less secure than they were just a few years ago because inexpensive processors allow sophisticated password cracking programs to run … Continued

Cybersecurity Breaches at Advisers: More Common Than You Think

Think cybersecurity breaches won’t happen to your firm? It may be time to reconsider. Cybersecurity breaches are becoming much more common at investment advisers than firms may realize. While the industry is certainly buzzing about cybersecurity as the latest hot button regulatory and operational risk, executives may nonetheless perceive their firms to be at low … Continued

The Misnomer about Cyber

When investment advisers use the cloud, they are making a conscious, informed decision to outsource tasks to vendors who may have particular expertise or infrastructure in place to handle such tasks. From hosted email archiving to compliance reporting, and from hosted backups to client communication portals, moving data to the cloud can help many firms … Continued

Meeting The Challenges Of Collaborative Compliance

Companies struggling with Word, Excel and other traditional applications to support compliance functions, often lack guidance when evaluating tailored software as a service. Our main focus is on the benefits of modern software, practical functionality, and tailored content for improving business practices. In the context of compliance, these business practices are maintaining current and adaptive … Continued

Where, When and How to Make a Disciplinary Disclosure in Regulatory Filings

Investment advisory firms and related individuals provide “disciplinary disclosures” to the public and the regulators though registration and reporting filings, which include for example and as applicable, Form ADV Parts 1A, 2A, and 2B, and Forms U4 and U5. Firms and individuals have respective obligations to correctly answer all questions on the registration and reporting … Continued

Demystifying DLP for Investment Advisers

Regulatory Concerns for Data Loss Prevention How confident are you in your firm’s information technology controls to prevent privacy breaches? The Securities and Exchange Commission is focusing its sights on investment advisers’ use of and increasing reliance upon technology – technology which simultaneously improves efficiency and introduces additional complexity to enterprise risk. As the SEC’s … Continued

Cloud Control

50 Due Diligence Questions to Ask Your Cloud Services Provider You’ve made the decision to use cloud-based services. Selecting the right vendor is just as important. Want to read more? Fill in the form below to download the full article.

Practical Compliance & Risk Management: Best Execution

In the financial services world, we frequently hear the mantra that advisers, as fiduciaries, have an obligation to seek “best execution” in relation to their clients’ transactions. In meeting this obligation, an adviser must execute securities transactions for clients in such a manner that the clients’ total cost or proceeds in each transaction is the … Continued

Practical Cybersecurity for Advisers

It’s Monday morning. You’ve barely had time to set your coffee down on your desk and pull up your email when the head of technology steps into your office unannounced. His breathless, panic-stricken voice can barely get the words out, yet you somehow know why he’s there before he opens his mouth to utter the … Continued

Business Continuity Redux: How the Perfect Storm Provided Regulators with the Perfect Opportunity

The breadth and destructive force of Hurricane Sandy, which in October 2012 spread across 15 states as the largest Atlantic hurricane on record, tested the financial industry’s best-laid plans for business continuity management (BCM). Regulatory authorities, such as the Securities and Exchange Commission (SEC), the Financial System Regulatory Authority (FINRA), and the Commodity Futures Trading … Continued


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CSS frequently publishes blog posts which are written by our team from their observations in the field, at conferences and through experiences with compliance professionals. These posts are designed to further knowledge and share industry best practices. Topics run the gamut, including Form ADV, cybersecurity, MiFID II, position limit monitoring, technology challenges and more. Complete and submit the brief form below to receive notifications when we publish new content.

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