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

Welcome! This week’s news and views below:

• The global framework for fighting financial crime | Deloitte Insights

• 1071 & What that means to your Financial Institution | CLA (CliftonLarsonAllen) (claconnect.com)

• Transform Your Investment Operations with Smart Technology (ssctech.com)

• State Street’s Digital Assets and Investment Study 2022-2023 | State Street

• Blog: APAC Update-Observations from Inspections of Licensed Venture Capital Fund Managers (apexgroup.com)

• Building a Scalable Hedge Fund Business - Seward & Kissel LLP (sewkis.com)

• SEC Settles Charges Against Adviser for Misstatements About Tax Loss Harvesting Service (sewkis.com)

• Securities Experts React to the High Court's SEC Decision | Insights | Holland & Knight (hklaw.com)

• S&P Dow Jones reopens its indices to companies with multiple share classes | Davis Polk

• An Introduction to the Unique Issues in Bank Holding Company Bankruptcies | Insights | Skadden, Arps, Slate, Meagher & Flom LLP

• Private Credit Insights: Hybrid Capital: Downside Protections for Private Credit Funds in an Opportunistic Market | Akin (akingump.com)

• FDIC Vice Chairman Cautions Against New Regulation as a Response to Recent Bank Failures | Global Financial Regulatory Blog (globalfinregblog.com)

• Cabinet News & Views (cadwalader.com)

• U.S. Securities and Exchange Commission Proposes Three Rules Related to Cybersecurity, Reopens Comment for One Rule | Insights | Sidley Austin LLP

• Tip for Updating Your Compliance Program: Conflicts of Interest | ACA Group (acaglobal.com)

• Form PF Filings are Due at the End of the Month (April 30th, 2023) (vigilantllc.com)

• Podcast: Julie DiMauro on the FCPA and how compliance has shifted since the pandemic – Global Relay Intelligence & Practice

• The Importance Of Robust Service Providers — From ESG To Digital | JTC (jtcgroup.com)

• Federal Reserve Board - Federal Reserve issues initial findings from its 2022 triennial payments study

• SEC.gov | SEC Charges Investment Adviser Betterment for Misstatements Concerning Tax Loss Harvesting Service

• State Investors Radically Pare Back Chinese Equity Positions Due to Risk Concerns (GlobalSWF) Global SWF

• Is This a New Era for Private Investments? - Cambridge Associates

• Allocators on Greenwashing: ‘We Are the Ones Writing the Check’ | Institutional Investor

• TradeTech 2023: Artificial intelligence is not a silver bullet, say buy-side experts who see challenges around explainability, resources and transparency - The TRADE (thetradenews.com)

• Market Participants Debate on Tick Sizes - Traders Magazine

• Nasdaq Files for its First AI-Based Order Type - Traders Magazine

• Arcesium Launches AquataTM, an Advanced Data Platform Purpose-Built for the Investments Industry » Arcesium

• EPM Revolution in Asset Management – How to Join at the Cutting Edge - Alpha FMC

• Developing Blueprints for Global Processing (citisoft.com)

• AI in compliance: the importance of explainability | Blog | Global Relay

• Juice Jacking: The Scary New Threat to Your Phone’s Security - Agio

• Flexible Deployment for the New Era of Email Security - Darktrace Blog

• Cybersecurity Incident Response Plans for SEC Registered Firm | MTradecraft

• The Importance of Data Validation - SigTech

• Blogpost: AIFMD & UCITS V cash monitoring stretches depositary banks | Linedata

Thanks for reading,

-B.O