The Cayman Islands’ Department for International Tax Cooperation (DITC )’s website www.ditc.gov.ky contains the latest CRS (Common Reporting Standards) and FATCA updates and links to resources for Cayman Island Funds including template CRS self-certification forms. Suggest check back regularly for updates.
We’ll be participating once more in the annual Great Ormond Street Hospital Children’s Charity – RBC Race for the Kids. It takes place this year on the 8th October 2022. The event will see people of all ages and abilities take part from babies in pushchairs to grandparents and wheelchair racers. Everyone is welcome to[…]
Over the course of the last few weeks our attention has been concentrated on the rapidly evolving situation in Ukraine. Our thoughts are with all those impacted by the unfolding events. The effect on fund administration – AML sanctions compliance has come unto sharp focus. As a business, we have taken steps to ensure Charter[…]
What COVID-19 has emphasized for hedge fund administration KYC is the need for a digitized solution in the age of social distancing and remote working. A spotlight has been shone on organisations that are lagging behind. We are in a rather unique place in time where innovation is proving to be more important than ever.
On January 10th, 2020, EU Member States, including the UK, enacted the Fifth Money Laundering Directive (5MLD) into national regulations. How will the updated anti-money laundering (AML) rules impact customer on-boarding & customer due diligence?
The crypto ecosystem is growing exponentially with new assets, exchanges, funds and trading firms opening all the time. Working with crypto assets is remarkably different compared to traditional assets, so funds need the right partners
GDPR stands for General Data Protection Regulation. It’s a game-changing data privacy law set out by the European Union (EU), and is enforceable from May 25th, 2018. It applies to any investment funds or hedge funds that has European individuals as customers or European based service providers that process data on their behalf.
AlphaWeek – interview with Brian Taitz of Charter Group
AlphaWeek’s Greg Winterton spoke with Brian Taitz, Founder, Charter Group Fund Administration, a fund administrator based in London, about the current state of the fund administration industry. […]
Apex takes over Deutsche Bank’s alternative fund servicing unit On October 19, 2017, fund administrator Apex Group announced the acquisition of Deutsche Bank’s Alternative Fund Services business (source finalternatives.com: Apex takes over Deutsche Bank’s alternative fund servicing unit) and earlier in the year, they acquired Equinoxe Alternative Investment Services. So, what does this mean for[…]
CRS Services – Excel (XLS or CSV) to XML conversion With the advent of Common Reporting Standards (CRS) under the OECD’s Automatic Exchange of Information (AEOI) project, many firms are required to update their systems or implement new systems to facilitate CRS reporting in a format compatible with the OECD’s AEOI XML schema. As a[…]