The Back Office - Weekly Update (2/26/23)

Welcome! This week’s insights below:

• Audit & Tax

  • Unlocking Value Creation: Strategies for Achieving Maximum Impact Private Equity Blog - Private Equity Blog | CLA (CliftonLarsonAllen) (claconnect.com)

  • SEC 2022 Enforcement Report highlights evolving areas of cryptocurrency, ESG and cybersecurity - Baker Tilly

• Administration

  • Success Tips for Annual Statutory Statement Filing in 2023 (ssctech.com)

  • Changing Fund Administrators is Easier Than You Think (ssctech.com)

  • 2022 Hedge Fund Report – A Year in Review - Citco

  • To Lend or Not to Lend? | State Street

• Compliance & Regulation

  • Imminent FATF Grey Listing of South Africa | White & Case LLP (whitecase.com)

  • SEC Division of Examinations Announces 2023 Priorities - Seward & Kissel LLP (sewkis.com)

  • SEC Adopts Rules to Shorten Settlement Cycle for Most Securities (friedfrank.com)

  • Protective Custody: SEC Proposes Safeguarding Rule | Insights | Holland & Knight (hklaw.com)

  • Mourant: Law Firm | Building the foundations for effective corporate governance

  • DOJ Doubles Down on Efforts To Incentivize Early Self-Reporting and Cooperation | Insights | Skadden, Arps, Slate, Meagher & Flom LLP

  • Ringing in the New Year – Practical Tips for Public Companies to Implement the New SEC Rule 10b5-1 Trading Plan Rules in Their Internal Policies and Procedures | Cadwalader

  • Private Fund Compliance Forum | Events | Kirkland & Ellis LLP

  • Extra hours to file Form 144—should the deadline be extended for all filings, Uyeda asks? – Cooley PubCo

  • Change in Bermuda: what trade mark professionals must know | Ogier

  • Ari Blaut and Mario Schollmeyer Author Lexis Practical Guidance Article on Investment Grade Debt Offerings Market Trends in 2021 and 2022 (sullcrom.com)

  • European Parliament Publishes Proposed Changes to AIFMD and UCITS Directives | Global Financial Regulatory Blog (globalfinregblog.com)

  • European Regulatory Update – February 2023 - Waystone

  • SEC Regulation Best Interest (Reg BI) Exam Observations Risk Alert | ACA Group (acaglobal.com)

  • SEC Charges Investment Advisory Firm For Trading Violations (vigilantllc.com)

  • Quick 101: Security Trustee Services (tridenttrust.com)

  • Alternatives Regain Popularity Amid Reset (issgovernance.com)

  • Federal Reserve Board - Minutes of the Federal Open Market Committee, January 31–February 1, 2023

  • Tax Time Guide: Things to consider when filing a 2022 tax return | Internal Revenue Service (irs.gov)

  • SEC.gov | SEC Investor Advisory Committee to Discuss the Growth of Private Markets, Oversight of Investment Advisers, and Open-End Fund Liquidity Risk Management at March 2nd Meeting

  • Introducing REMA: Thinking Differently About Rulemaking, Decision-Making, Innovation and More | FINRA.org

  • CFTC Charges Several People and Companies in a $145 Million Ponzi Scheme | CFTC

• Investors & Marketing

  • QIA Gets Ready to Invest Gas Windfall (GlobalSWF) Global SWF

  • ADIA Bids for Canadian Stake in Leading British Ports Operator (GlobalSWF) Global SWF

  • Is the Crypto Winter Over? - Cambridge Associates

  • The Inside Story of How Wellington and Vanguard Became Partners | Institutional Investor

  • Can a Tiger Change Its Stripes? Sylebra Capital Thinks So. | Institutional Investor

  • DC Retirement Board has committed $75M to JLC Infrastructure Fund II (dakota.com)

  • Santa Barbara Commits $45M to Private Equity, Real Assets (dakota.com)

• Operations & Trading

  • Blueprint for Success: Enabling Data-Driven Insights Across the Asset Management Value Chain - Alpha FMC

  • Why Data Products Must Be Linked with Business Outcomes (citisoft.com)

  • FLASH FRIDAY: The SEC’s Rulemaking Agenda Poses Risks - Traders Magazine

  • State Street set to acquire outsourced trading firm CF Global - The TRADE (thetradenews.com)

• Technology

  • Is cutting bonuses the solution to illicit comms | Blog | Global Relay

  • Are You Still Using the Same Three Passwords from Five Years Ago? You are not alone. - Agio

  • Are Your Compliance Efforts Putting You at Risk? - Agio

  • Detect, Respond and Escalate: Preventing Further Compromise for Account Hijacks - Darktrace Blog

  • Microsoft 365: Security Benchmarks for SEC Registered Firms | MTradecraft

  • Monetizing Audio is the New Competitive Advantage | by Jonathan Leibowitz | Feb, 2023 | Kensho Blog

Thanks for reading,

-B.O.G