General

It was surprising to read the recent FCA paper on the interim observations around ICARA (Internal Capital Adequacy & Risk Assessment) under IFPR which came into force in Jan 2022. Whilst there must have been some investment firms who have taken the ICARA process seriously, the FCA’s paper feels as if it widely condemns many of the representative firms selected for review so far

Further to our recent LinkedIn posts on the EU DORA regulation, we thought it would be useful to outline the plans for dealing with 3rd Party technology outsource providers

Further to our recent posts on the EU DORA regulation, we thought it would be useful to outline the Risk Management Framework that firms should be considering:-

DORA may not be uppermost in the thoughts of Asset Managers, but it is a regulation that cannot be ignored if you carry out business in the EU, or with parties falling into

Further to ISC’s recent posts on the topic of DORA, and following the ESA briefing to financial services industry participants in early February 2023, here are the five pillars upon which DORA is built and which underpin the

In ISC’s last post on DORA regulation, which briefly described the Cybersecurity Requirements, we mentioned the need to respond to security incidents in a timely manner. Here are further details around that

Following ISC’s recent post on DORA regulation, here is a brief summary of the Cybersecurity Requirements for consideration by Investment Managers

The European DORA Regulation requires companies to implement appropriate measures to secure their networks and systems from cyber threats. This includes measures to prevent unauthorized access to sensitive data

Our forum is a great way to hear about the
common challenges we face.

If you would like to take part in the next Regulatory Change Forum

At ISC’s recent Regulatory Change Forum (held 7th February 2023) the topic of the European DORA Regulation was raised, and in particular, what the impacts of DORA would be on the Investment Management Industry. Here is

Such is the complexity of the various regulatory reporting regimes in respect of Trade and Transaction reporting, that it can be quite bewildering. MiFIR, EMIR, CFTC, ASIC, SFTR, and other regimes, with all the various local rules, and frequent changes/updates make for a moving target which is increasingly hard to hit. This makes for challenges not only for asset managers who need to report their trades, but also for software