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Showing posts from October, 2022

Certificate of Qualification for Fund Manager

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Authorization to Administer The Financial Services Authority of Seychelles issues fund administrator licences in accordance with the Mutual Fund and Hedge Fund Act, 2008. The legislation establishes rules for the registration and regulation of investment pools like mutual funds. a) Permitted Activities under License in charge of (Including controlling all or substantially all of the assets of the mutual fund) The process of creating financial statements Fund asset valuations on a periodic basis Producing reports for interested parties on a regular basis or  for the purpose of managing the mutual fund, setting up a fund headquarters in the Seychelles, or serving as the mutual fund's operator, jurisdiction over the holdings of a mutual fund or a hedge fund reserve and risk estimation periodic report-writing to interested parties b)  Requirements for a Bare Minimum License Two perfectly capable and healthy directors are required. A Seychelles fund administrator's licence require...

Fund Administration In Cyprus

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Through making our services as user-friendly and transparent as possible, AAA Management Services aspires to become the industry standard in the fund service and investment service sectors. The mission of AAA Management Services is to revolutionise the fund service and investment service industries and establish ourselves as the gold standard in these fields by making our products and services as user-friendly and open as is humanly possible. This will be accomplished by making our products and services as intuitive as is humanly possible.

Compliance: It's Good for Business, Not Just a Necessary Evil

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Because it is instantly connected to regulations, restrictions, audits, inspections, and fines for breaking the rules, compliance often has a poor rap. The majority of businesses are aware of how crucial regulatory compliance is in preventing unethical behaviour and legal infractions. It is a necessary evil, but because it is required, it also consumes important time, effort, and resources from people who would much rather be working on innovative, inspirational, and motivating projects. When organisations think of compliance, they frequently think of what they have to do rather than what they want to accomplish. Furthermore, being morally upright isn't always enjoyable. Establish brand loyalty and customer trust Reputation is important. Customer loyalty and trust might be jeopardised if a firm develops a reputation for noncompliance. In fact, a recent AIIM poll found that reputational damage was twice as important a motivator for regulatory compliance as avoiding fines and penalti...

In what ways can outsourcing compliance services benefit you?

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Whether a company is a sole proprietorship or a multinational conglomerate, it is required by law to follow certain guidelines. A single oversight in compliance management can be disastrous for a company. Because of this, managing Compliance And Risk Management   requires meticulous attention to detail. Today's compliance function requires more experience, skills, and knowledge than ever before, due in large part to the increasing complexity of the regulations that compliance teams must understand and navigate. It is not enough for them to be familiar with the rules and regulations; they must also keep abreast of the many revisions that are introduced over time. For this reason, an increasing number of businesses are in search of legal compliance management service providers to handle various aspects of their compliance work. In this article, we'll discuss the benefits of outsourcing your company's statutory compliance services and whether or not this approach is best for a...