Ideas & Insights

Our summary highlights several regulations affecting broker-dealers that recently have been issued or updated.

The U.S. Department of Labor has issued necessary regulations for service providers that want to offer PEP arrangements to their clients.

What makes the shift from Libor challenging is how deep and interwoven it is in every corner of the financial services industry.

DOL proposes prohibited transaction exemption for Financial Institutions and Investment Professionals providing advice to participants.

The U.S., Cayman, and other jurisdictions extend deadlines for filing FATCA and CRS reports, but exams and compliance programs continue.

The decision may impact sourcing positions taken by the financial service industry for New York State and New York City tax purposes.

A summary of regulatory guidance from FINRA and the SEC and the importance of continually focusing on liquidity risk management procedures.

The SEC’s Electronic Data Gathering, Analysis and Retrieval (EDGAR) system has been updated to simplify the electronic filing process.

How financial institutions can gain comfort that the internal audit provides appropriate testing of their BSA/AML function and activities.

SEC auditor independence considerations for private equity funds with a registered investment adviser or an initial public offering.