The Back Office - Weekly Update (7/30/23)

Welcome! This week’s news and views below:

• Citco 2023 Q2 Hedge Fund Report – Quarterly Review - Citco

• Investor Confidence Index | State Street

• FedNow: Accelerating the Instant Payments Landscape (bnymellon.com)

• SS&C Advent - The Power of Collaboration: A Recap of SS&C Advent's Client Forums

• Entity management obligations "on the rise" (ocorian.com)

• The Modern De-SPAC and a Way Forward - Seward & Kissel LLP (sewkis.com)

• SEC Releases Final Rule on Public Company Disclosures of Cybersecurity (friedfrank.com)

• SEC & CFTC Enforcement Update | Davis Polk

• Mourant: Law Firm | The Common Reporting Standard and the Cayman Islands

• Texas Data Privacy Act: What Businesses Need to Know | Akin Gump Strauss Hauer & Feld LLP

• California Attorney General Investigates Employers’ CCPA Compliance // Cooley // Global Law Firm

• Federal Reserve Launches FedNow Real-Time Payment Service | Global Fintech & Digital Assets Blog (fintechanddigitalassets.com)

• Cabinet News & Views (cadwalader.com)

• New Illinois Tax Law Changes Definition of Investment Partnership, Imposes New Withholding Requirements | Insights | Sidley Austin LLP

• ACA Group Enhances Surveillance Capabilities for Off-Channel Communications to Navigate Rising Regulatory Scrutiny | ACA Group (acaglobal.com)

• New Rule Adopted by SEC, Along with Two Proposals (vigilantllc.com)

• LP vs GP: The cost of playing the game - IQ-EQ (iqeq.com)

• SEC moves to address conflict of interest issues around data analytics – Global Relay Intelligence & Practice

• SEC.gov | SEC Proposes Reforms Relating to Investment Advisers Operating Exclusively Through the Internet

• CFTC Approves Final DCO Reporting and Information Requirement and Three Proposals at the Commission Open Meeting | CFTC

• Treliant Takeaway...Proposed Rules to Strengthen Capital Requirements for Large Banks - Treliant

• Need to know: New York City AI bias law | Premium | Compliance Week

• Saudi's PIF Cements Relations with Oman's Sovereign Fund for Long-Term Co-operation (GlobalSWF) Global SWF

• Sixth Street Poaches CIO of Goldman Sachs’ Asset and Wealth Management Division (institutionalinvestor.com)

• Here’s How Much Investors Care About Fees on Active Mutual Funds (institutionalinvestor.com)

• Diligence Primers (castlehalldiligence.com)

• Fundraising News (dakota.com)

• Prime brokerage for emerging asset managers: The Lazarus effect - The TRADE (thetradenews.com)

• SIFMA Statement on Proposed Rule to Implement the Basel III ‘Endgame’ in the U.S. - Traders Magazine

• Asset Management Digital Survey 2023: A Tale of Two Cities - Alpha FMC

• Expansion of Services in the Custodial Market (citisoft.com)

• Navigating the first 90 days: A Finance leader's guide to immediate impact (vareto.com)

• How to Move from Fraud Detection to Fraud Prevention - Blog | Unit21

• 4 Crucial Design Considerations When Building Your Office's Multipurpose Room (align.com)

• SEC’s Final Rule for Public Companies on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure - Agio

• Market Price Ramping: What it is and how to identify this form of market manipulation (steel-eye.com)

• Approval Workflows: Everything You Need To Know To Get Started | Vendr

• Navigating Financial Turmoil: Liquidity Management - Indus Valley Partners (ivp.in)

• Navigating NAV Loans - Lionpoint (lionpointgroup.com)

Thanks for reading,

-B.O.G