An increase in global regulation has subjected fund managers and their outsourcing partners to greater scrutiny over NAV oversight and resilience. Although the Asset Management industry, including ManCos, continued to operate smoothly and without interruptions to the challenges raised by Covid, they did face a number of obstacles.
The pressure is rising on the ManCo industry – Management Companies (ManCos) are dealing with more regulations, and more regulatory change than ever before. This constant churning of regulatory change, coupled with increased scrutiny from regulators has led to a complex, pressured regulatory environment. However, this increased scrutiny is not the only challenge facing Mancos!
You’ve heard of FinTech, you’ve heard of RegTech, but have you heard of ManCoTech? It’s the latest “buzzword” in the European investment and compliance community. So what exactly is ManCoTech and why is it gaining such prominence?
On 30th June, the Financial Conduct Authority (FCA) published a review of Host Authorised Fund Management Firms. The review, which was carried out between Q4 2019 to Q4 2020.
