The Back Office - Weekly Update (4/2/23)

Welcome! This week’s news and views below:

• Audit & Tax

  • How can reimagined mobility help organizations see reward and not risk? | EY - US

• Administration

  • Financial Risk Management: Eliminate the Trade-Off of Speed & Accuracy (ssctech.com)

  • Banking on the Banking System | Global Economic Outlook - March 2023 | Northern Trust

  • Investor Confidence Index | State Street

  • Tax update for large multinationals: Pillar 2 Global Anti-Base Erosion Rules (GloBE) - Citco

• Legal

  • SEC Staff Release Statement on Risk Legend Used by Non-transparent ETFs (sewkis.com)

  • Securitisation in supply chain finance to see bumper 2023 thanks to automation - Intertrust Group

  • Beware the Rocket Ship: How SEC Is Scrutinizing Emoji Use | Insights | Holland & Knight (hklaw.com)

  • Business Restructuring Review March–April 2023 | Vol. 22 No. 2 | Insights | Jones Day

  • FinCEN releases initial beneficial ownership information reporting guidance | Davis Polk

  • Investment Management Regulatory Update - March 2023 | Davis Polk

  • In Praise of SAMR’s Behavioral Remedies: Preventing Over-Deterrence in Global Merger Control | Insights | Skadden, Arps, Slate, Meagher & Flom LLP

  • NFA Adopts Digital Asset Commodities Standards and Requirements | Akin (akingump.com)

  • DAOs: A legal revolution on the horizon? | Ogier

  • Cabinet News & Views (cadwalader.com)

  • SEC Division of Examinations Issues Risk Alert for Newly-Registered Advisers | Insights | Sidley Austin LLP

• Compliance & Regulation

  • Proposed Regulation Best Execution Standard | ACA Group (acaglobal.com)

  • SEC Releases Risk Alert for Newly Registered Advisers (vigilantllc.com)

  • Vigilant Monthly Newsletter | March 2023 (vigilantllc.com)

  • SEC Identifies Deficiencies at Newly-Registered Advisers | FrontLine Compliance

  • Roadmap for Business License Success – CSC (cscglobal.com)

  • SEC roundup: misleading disclosures, multiple frauds and misappropriated funds – Global Relay Intelligence & Practice

  • Speech by Governor Cook on the U.S. economic outlook and monetary policy - Federal Reserve Board

• Investors & Marketing

  • Fund of the Month (Apr'23): Investment Management Corporation of Ontario (IMCO) (GlobalSWF) Global SWF

• Operations & Trading

  • FLASH FRIDAY: T+1 to Cause Complications for Global Traders - Traders Magazine

  • Outsourced trading landscape continues to shift as banks prepare for a new wave of interest - The TRADE (thetradenews.com)

• Technology

  • Generative AI: Revolution or Risk? | Blog | Global Relay

  • What the SEC’s Proposed Changes to Reg S-P Mean for Your Firm - Agio

  • A Shifting Email Conversation: Email Security is Stuck Looking to the Past - Darktrace Blog

  • New SEC Insider Trading Rules for Executives Trading in Company Stock (steel-eye.com)

  • Boosting Enterprise ROI: How to Increase CRM and Chat Utilization Across the Desktop (openfin.co)

Thanks for reading,

-B.O.G