Regulation & Compliance
Local and international regulation is constantly changing and evolving. Businesses need to adapt on a timely basis, changing procedures and processes and often remediating client files to ensure the documentation held continues to meet the various regulatory requirements. It is also prudent to test whether the procedures or processes of a business remain compliant with existing regulation and that the compliance monitoring programme remains is robust.
We’re able to quickly and efficiently help with standard Guernsey regulations, AIFMD, FATCA, CRS, BEPS, MiFID II & MiFIR, GFAS and the AML/CFT Handbook. We can even help you scope for the upcoming GDPR.
Whatever sector the change relates to we can assist by:
- Identifying the requirements of the regulation
- Implementing appropriate changes to business processes – See our regulatory implementation services
- Mapping your compliance with the regulations – See our compliance services
- Enhancing your monitoring programme
- Ascertaining the need for remediation
- Undertaking the remediation required – See our remdiation and review services
- Providing a final report detailing all work undertaken
Different levels of service are available from consultation/advice to full programme management with a team of analysts & administrators to assist with remediation. Correcting or completing the documentation held on client files is one of the easy, but often overlooked, ways to ensure you remain in line with current regulatory requirements.
Midshore can provide a Compliance Officer and/or Money Laundering Reporting Officer for your business. Data Protection Officer services can also be provided.
We have put together some short ‘regulation refresher’ seminars which you may also find useful.
Interested in booking? Fill out the form below, and we will get back to you as soon as possible.
Download our Regulation and Compliance overview
Related Articles on Regulation & Funds
As I write this the Investment Supervision & Policy Division (ISPD) of the Guernsey Financial Services Commission (GFSC) have just announced their strategy in respect of the Fund Sector for 2017. More about that later… During 2017 we saw two new pieces of regulation come out of the ISPD, which is significant compared to previous years. What is interesting to note is that in both […]
The fourth Anti-Money Laundering Directive (AML4), or Directive (EU) 2015/849 to give its proper name, is due to be implemented into National Law by all EU member states by 26 June 2017. As with all directives there can be gold-plating at the national level. There will also be recommendations, guidelines and interpretation from various bodies especially the European Supervisory Authorities (ESAs). I will start by […]
On 29th November I attended the 6th AIFM (Alternative Investment Fund Managers) Directive 2016 Conference held by the Private Equity Forum and hosted in the auditorium at the London office of Simmons & Simmons. The content was heavy on regulation and had a large focus on Brexit. I was also able to have a conversation with the Director of Regulatory Policy at EFAMA (the European […]
Thanks to those who recently attended our GDPR seminar, we have uploaded the slides here in PDF format. Download the slides. Update: Watch our free training video on GDPR here. If you require any further information, or wish to discuss with our GDPR consultant, Sam, please contact us.
Recently Christopher was interviewed by BL Magazine, in the Funds Edition (November / December 2016). The photo shoot for the telephone interview was held on Wednesday 28th September in Jersey at the Radisson Blue Hotel. We are delighted to now be able to share this interesting & informative article with you! You can download our "assembled" PDF of the entire article here; Credit: BL Mag, […]