White Papers

Blockchain: A Force for Good in Compliance?

7th March 2018 - Blog Posts - White Papers

Blockchain: the new buzz word on the street and featuring prominently in the press and as a topic for discussion at industry events.  Although developed initially in the context of creating a new digital currency, we would argue that blockchain has the power to revolutionise compliance everywhere and to transform the way in which financial services firms operate on a global scale.

Still relatively new in the regulatory space, most experts in the sphere would agree that blockchain technology will have a huge impact on the compliance and regulatory landscape particularly vis-à-vis KYC, AML and regulatory reporting.  Since the financial crisis of 2008, the global financial services industry has been bombarded by a plethora of new rules and regulations to follow.  Add to this the new regulators popping up left, right and centre, compliance is becoming a heavy burden on all firms.  Firms are witnessing resources and spend increase dramatically in the fight to keep one step ahead of fraudsters and terrorists, as well as managing the hefty workload imposed on them by the regulators.

Whilst countries and regulators still debate the possible issues and the impact blockchain brings with it, we can hazard a fair guess as to how this new technology will develop and take hold.  The following article discusses the latest trends and developments disrupting compliance and regulatory infrastructure in financial services.

To find out more: Blockchain- How innovative Technology can improve Compliance Procedures

Luxembourg as a financial hub

2nd February 2018 - Firm News - Regulatory Updates - White Papers

Luxembourg has become the largest investment fund centre in Europe, and it is set to have a greater pull for UK fund managers and investors post-Brexit, as uncertainty mounts about whether the UK will retain access to the single market and access to ECB liquidity swap lines.

In our latest industry report on Luxembourg as a financial hub of growing importance, we cover:

• EUVECA and MiFID
• Other key regulatory changes for Luxembourg
• The Brexit effect on Luxembourg
• Luxembourg ManCo

Read more: The shift towards Luxembourg in the recent regulatory climate

The state of the Hedge Fund market

6th January 2018 - Knowledge Library - White Papers

2017 has seen greater potential for profitability for emerging investment firms, and general investor negativity towards hedge fund fees has declined. This update will look at some of the key reports that have been released over the course of the last couple of months, and focus on assessing the state of the hedge fund market as well as discussing the trends that we could see in 2018.

Read more: The State of The Hedge Fund Market

Robo Advice and Artificial Intelligence – What is it and what does it mean for your firm?

6th September 2017 - Knowledge Library - White Papers

Robo advice has the potential to affect all financial services firms as it seeks to provide traditional investment and financial services, both regulated (such as advice) and unregulated (such as guidance), cheaper and quicker than traditional firms. It essentially replaces human interaction and decision-making processes with algorithms.

Read more: Lawson Conner Robo-Advice

The General Data Protection Regulation (GDPR) – What is it and what does it mean for your firm?

14th August 2017 - Blog Posts - Regulatory Updates - White Papers

The General Data Protection Regulation (GDPR) will be directly applicable in the UK and create additional obligations to firms alongside the Data Protection Act 1998 (DPA). It is important that firms understand their new obligations under GDPR, which will take effect on 25 May 2018. Although the UK is leaving the European Union, the government has confirmed that Brexit will not affect its implementation.

GDPR will be implemented on 25 May 2018. Firms should begin to review their data protection policies as soon as possible ready for implementation

Lawson Conner has worked extensively with our clients to assess the impact of regulatory change. We would be delighted to discuss how we can help Fund Managers and Private Equity Firms meet these new challenges. Lawson Conner’s team of compliance professionals can assist you at every stage as you seek to comply with the new regulatory obligations.

Click here to see our Regulatory Update: Data Protection – Regulatory Update

If you would like to discuss any of these topics in more detail, please contact Gerhard Grueter at Lawson Conner Ltd via ggrueter@lawsonconner.com / +44 (0) 203 696 1302

For more information, please contact Gerhard Grueter
Email: ggrueter@lawsonconner.com
Tel: +44 (0) 203 696 1302

CyberSecurity: threats from high and low

6th April 2017 - Knowledge Library - White Papers

Andrew Frost, Director, Investment Management Solutions of Lawson Conner, looks at the cyber intrusion challenges facing the industry in the near future.

Read more: Lawson Conner – Cyber Security