The Back Office - Weekly Update (4/30/23)

Welcome! This week’s news and views below:

• Keys for FSIs to engage and retain IT developers | EY - US

• The next generation of data sharing | Deloitte Insights

• Asset managers get a digital boost | Grant Thornton

• We May Never See a Better Environment for Transferring Wealth … Here’s Why | BDO

• FAQ: Capitalization and amortization of R&D costs under new section 174 rules (rsmus.com)

• The Latest on Tariffs and Their Impact on Business Strategies [Video and Audio] : 2018 : Videos : Resources : CLA (CliftonLarsonAllen) (claconnect.com)

• Investigating Investment Technology: Uncover the Right Solution (ssctech.com)

• Citco 2023 Q1 Hedge Fund Report – Quarterly Review - Citco

• No Going Back: New Realities in Private Markets | State Street

• The Importance of Financial Literacy: From Education to Action (bnymellon.com)

• Tech continues to dominate | White & Case LLP (whitecase.com)

• New Proposed Regulations Could Substantially Impact Taxation of (friedfrank.com)

• Private equity real estate pilot programme to boost housing market in China - Intertrust Group

• Generative AI Generates Copyright Concerns | Jones Day

• Investment Management Regulatory Update - April 2023 | Davis Polk

• Private Equity Regulatory Update - April 2023 | Davis Polk

• Cravath Publishes Finance & Capital Markets Quarterly Review for Q1 2023 | Cravath, Swaine & Moore LLP

• Jurisdictions welcoming VASPs, get yourself licenced | Ogier

• Cabinet News & Views (cadwalader.com)

• “Made Available to Trade” Determination for Certain Overnight Index Swaps Linked to USD Secured Overnight Financing Rate and GBP Sterling Overnight Index Average Proposed to Go Live June 1 | Insights | Sidley Austin LLP

• Car Washes, Motels... now the Post Office? Money Laundering hits the UK High Street. | ACA Group (acaglobal.com)

• Reg BI | SEC Releases Bulletin for RIAs and BDs (vigilantllc.com)

• Fund investors prioritise ESG-linked private equity compensation - IQ-EQ (iqeq.com)

• SEC Cites Weaknesses in Branch Office Oversight | FrontLine Compliance

• Annual Reports Best Practices: How to Stay in Good Standing – CSC (cscglobal.com)

• CFTC roundup: the largest bitcoin fraud scheme and highest civil monetary penalty action – Global Relay Intelligence & Practice

• Federal Reserve Board - Federal Reserve Board announces the results from the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Barr

• SEC.gov | SEC Reopens Comment Period for Proposed Rule Amendments to Modernize Beneficial Ownership Reporting

• Future Fund Looks to Commodities as Stagflation Hedge (GlobalSWF) Global SWF

• Hedge Funds Are Positioned to Continue Their Strong Run | Institutional Investor

• San Mateo County ERA Commits $25M to Real Assets (dakota.com)

• Ohio School Employees Approves Three Alts Commitments; Increases Real Assets & PE Target (dakota.com)

• Institutions Boost Options Trading - Traders Magazine

• The Rise of Soft Commodities and the ETFs That Move with The Prices (tradier.com)

• UK regulators take aim at WhatsApp | Blog | Global Relay

• Proton Announces Proton Pass: The Next-Level Password Manager - Agio

• Gozi-ISFB:Darktrace’s Detection of the Malware with a Thousand Faces - Darktrace Blog

• Microsoft Exchange Server 2013 EOL & migration for asset managers | Linedata

• The Rise of BEC: Adapt to Today’s Email Threat Landscape with Secureworks and Mimecast | Secureworks

• Risk Management in Banking: How to Prevent Another Crisis | Workiva

• How the professional services sector can walk the tightrope of recession as other markets fall - Sage Advice US

• Changing priorities for the treasury department in response to emerging challenges point to digitalization | Finastra

Thanks for reading,

-B.O.G