The Back Office - Weekly Update (6/25/23)

Welcome! This week’s news and views below:

• Starting a Fund in the UK: Considerations for First-Time Fund Managers (ssctech.com)

• NAV Facilities Gain Momentum - Citco

• Private Markets’ Outlook: What Does the Future Hold? | State Street

• Alternative fund managers expect dramatic rise in inflows from pension funds and private banks over the next 18 months (ocorian.com)

• The International Comparative Legal Guide – Anti-Money Laundering Laws & Regulations 2023 | White & Case LLP (whitecase.com)

• Seward & Kissel's Established Manager Hedge Fund Study - Seward & Kissel LLP (sewkis.com)

• M&A/PE Quarterly Newsletter, Summer 2023 (friedfrank.com)

• The SEC Lands First Blows Against Crypto Industry Titans | Insights | Holland & Knight (hklaw.com)

• SEC & CFTC Enforcement Update | Davis Polk

• New York Bill Will Ban Non-Competes | Akin Gump Strauss Hauer & Feld LLP

• SEC Reopens Comment Period for Proposed Security-Based Swap Position Reporting Rule | Sullivan & Cromwell LLP (sullcrom.com)

• Agencies Issue Guidance for Banking Organizations on Managing Risk in Third-Party Relationships | Global Fintech & Digital Assets Blog (fintechanddigitalassets.com)

• Cabinet News & Views (cadwalader.com)

• Global Investigations Review The Guide to Cyber Investigations - 3rd Edition | WilmerHale

• Myths About Cybersecurity Portfolio Oversight: Myth #2 | ACA Group (acaglobal.com)

• SEC Places 37 New Rules in Final Stage as part of its Spring Agenda (vigilantllc.com)

• Top 3 Reasons to Centralize Global Subsidiary Governance – CSC (cscglobal.com)

• Arm & Hammer claws back comp from a top executive over deleted text messages – Global Relay Intelligence & Practice

• Asset Management’s Winners and Losers After the Rate-Hike Pause | Institutional Investor

• Allocators and Managers Are Racing to Use AI — And Invest in It | Institutional Investor

• Fundraising News (dakota.com)

• Asset Management Perspectives | Broadridge

• Views on Bond Liquidity, Data and Automation - FlexTrade Systems » FlexTrade Systems

• Where does price formation truly happen? (thetradenews.com)

• JP Morgan to pay $4 million civil monetary penalty to SEC for mistakenly deleting 47 million emails - The TRADE (thetradenews.com)

• Buy Side Supports the SEC’s Reg NMS Proposal, Finds Survey - Traders Magazine

• Virtu Financial Launches Alert+ to Enhance Automated Block Trading Products - Traders Magazine

• How finance leaders can prevent burnout and foster resilience (vareto.com)

• What You Should Look for in a Project Manager – Before the Project Kicks Off (align.com)

• OCC Semiannual Report Puts Banking Risks in Perspective (globalrelay.com)

• The Future of AI Cybersecurity Threats: How To Keep Safe (agio.com)

• How SEC Registered Firms Can Build a Security Fortress that Would Make the NSA and CIA Jealous. | MTradecraft

• Six Best Practices When Preparing for Third-Party Audits | AuditBoard

• Expense Allocation for Private Equity: Navigating the Challenges - Indus Valley Partners (ivp.in)

• Unlocking Operational Efficiency with Automated Cash Settlements - Indus Valley Partners (ivp.in)

• How to Calculate the TCO of Your Investment Management Solution | Clearwater Analytics

Thanks for reading,

-B.O.G