With 45 days to go before the 4 November 2022 compliance date, the Division of Examinations on 19 September published a Risk Alert reminding investment advisers of their obligation to comply with the amendments to Advisers Act Rule 206(4)-1 (“Marketing Rule”) as of the compliance date, and identifying review areas for SEC examinations.
The China Banking and Insurance Regulatory Commission (CBIRC) issued the Rules on Insurance Asset Management Company (New Rules) after extensive consultation on 05 April 2022. These will come into force on 01 September 2022.
A Panacea for Sustainable Investing? How AI Can Help Funds Solve the ESG Data Challenge is a new infographic created by Euromoney Thought Leadership Consulting and commissioned by Baker McKenzie, outlining how artificial intelligence presents opportunities, challenges, and other issues for Financial Sponsors, specifically around ESG data. The infographic takes a closer look at how AI is being used for different business functions – covering both strategic and regulatory ESG considerations.
US regulators propose easing market restrictions for small US banks.
At the Impact’17 Conference, Radzym Wojcik moderated a panel discussion about VC investments (including FinTech) with a very strong line-up.