The Back Office - Weekly Update (8/13/23)

Welcome! This week’s news and views below:

• Evolving to an Integrated Risk Management Mindset (ssctech.com)

• Terminating a fund domiciled in the Cayman Islands, a simple approach - Citco

• How Digital Transformation is Shaping Transaction Banking (bnymellon.com)

• SEI Enhances Personalized Investor Experience with Values Questionnaire and Reporting Solution | SEI (seic.com)

• Blog: Challenges and Opportunities in the Insurance-Linked Securities (apexgroup.com)

• Part II: Common complexities of implementing technology and alleviating potential challenges - Ultimus

• T+1 testing begins from Monday with the DTCC deeming it critical for success - Global Custodian

• Market alternative investment funds across Europe (ocorian.com)

• IRS Raises the Stakes on Staking (sewkis.com)

• Life After LIBOR: Amending Existing Mortgage Instruments, Fallback (friedfrank.com)

• A Ripple of Doubt | Insights | Holland & Knight (hklaw.com)

• SEC Gains Access to Identities of Law Firm Clients | Jones Day

• Biden administration releases initial proposal for outbound foreign investment rules targeting China | Davis Polk

• SEC Proposes New Conflicts of Interest Rule for Use of AI by Broker-Dealers and Investment Advisers | Insights | Skadden, Arps, Slate, Meagher & Flom LLP

• Spotlight on Recent M&A Delaware Decisions // Cooley // Global Law Firm

• S&C Publication: 2023 Proxy Season Review—Part 1 | Sullivan & Cromwell LLP (sullcrom.com)

• Cabinet News & Views (cadwalader.com)

• SEC Proposes Sweeping New Rules on Use of Data Analytics by Broker-Dealers and Investment Advisers | Insights | Sidley Austin LLP

• Preparing for New Cybersecurity Disclosures | WilmerHale

• Seven Things to Know About Credit Secondaries Investing | Cleary Gottlieb

• Changes to Governance Frameworks for Funds Registered in Cayman - Waystone

• Regulatory Enforcement of Off-Channel Communications | ACA Group (acaglobal.com)

• 18 Compliance Trends Discovered by Vigilant in 2023 (vigilantllc.com)

• Doing Business in Guernsey: A Safe Haven with a Strong Economy – CSC (cscglobal.com)

• Podcast: SEC Commissioner Hester Peirce reflects on public service and compliance – Global Relay Intelligence & Practice

• SEC, CFTC call for self-reporting to reduce off-channel comms backlash | Premium | Compliance Week

• 2023 Regulation Rundown: Insight on the state of the regulatory landscape from compliance experts (nrs-inc.com)

• Sample SEC Exam Letters - Investment Adviser Association

• What is Cyber Insurance? (And Is It Worth the Costs?) — RiskOptics (reciprocity.com)

• Movers & Shakers, Summer Edition (GlobalSWF) Global SWF

• Investors to Receive $153 Million in SEC Fair Fund Over Mortgage-Backed Security Offering (issgovernance.com)

• Fundraising News (dakota.com)

• M&A flurry shows no sign of slowing with two trading venue deals announced this week - The TRADE (thetradenews.com)

• Broker-Dealers Urged to Review Policies to Stay Compliant - Traders Magazine

• Worth The Investment: Improving Asset Management Research with a Modern RMS - Alpha FMC

• How large are Cleared Swap markets? (iongroup.com)

• Negotiation shouldn’t be a zero-sum game. Here’s why. (vareto.com)

• The Countdown to T+1 Settle: Themes and Questions (liquidnet.com)

• Funding request deep-dive: draws, recycles, and paydowns (finleycms.com)

• A COO’s Strategic Roadmap to Navigating Cloud Partnerships - Agio

• SEC and CFTC Fine 13 Wall Street Firms a Combined $549M for Recordkeeping Failures (steel-eye.com)

• Tailored Shareholder Reports Ruling—Disclosure Changes for Mutual and Exchange-Traded Funds | Workiva

• From LIBOR to RFR: Are you on the right train? - Adenza

• The Good, the Bad and the Ugly in Cybersecurity - Week 32 - SentinelOne

Thanks for reading,

-B.O.G