HedgeWeek explores how hedge funds may adapt to keep pace with new regulation in a recent article, which quotes Kavita Devani, Head of Compliance Operations at Coremont.
“Hedge funds now have to really think about what they outsource, and how, because burdens are increasing. There is a lot more compliance oversight required – striking the right balance between outsourcing, yet maintaining control is key,” said Kavita Devani.
She continued: “For emerging managers, although funding is always going to be an issue, they do want to outsource a lot of the procedural day-to-day tasks. Of course, they keep the regulatory obligation, and therefore need to be in control of what is being done, how it’s being monitored, who is looking at it, to ensure they have oversight at all times.”
Please view the full article on HedgeWeek’s website at the link below.
A complete compliance offering
Coremont provides expert Compliance Consultancy services, fortified by market-leading technology, to investment managers and financial institutions.
Our Compliance Consultancy team has deep expertise of the global regulatory framework and a wealth of practical experience across multiple regulatory regimes. We help clients to navigate increasing regulatory demands across all jurisdictions.
As an FCA authorised and regulated firm dedicated to the highest standards of practice, we support clients to ensure that they are fully compliant with the latest global regulatory requirements and disclosure rules. Clients can also tap into our expertise in handling regulatory applications as they seek to expand their business and operate at a more institutional scale.
We support clients in domiciles all over the world, including the UK, the US, Hong Kong, Singapore, Japan, Luxemburg, Ireland and Switzerland, both for regulatory reporting and routine regulatory reviews.
Explore our technology and services
All our services are underpinned by Clarion, our cloud-based portfolio management technology. Clarion provides clients with comprehensive compliance reporting, available for instant download, alongside their portfolio, live P&L and risk, and pre-trade compliance.
