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.
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
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[…]
Automated hedge fund administration Automated hedge fund administration has long been desired by investment managers. We at Charter Group Fund Administration Ltd (CGFA) aim to provide exactly that. We use intelligent systems to provide efficient and effective fund administration services. With automated data feeds for pricing, corporate actions and connectivity enabling automated data flows[…]
Cayman Hedge Funds and Investment Funds need to be aware of this CRS update.As an early adopter of the globally issued Common Reporting Standards (CRS), the Cayman Islands Government approved amendments to CRS Guidelines (known as “Second Tranche”) in December 2016 to ensure an effective and appropriate local implementation.These amendments will be implemented in conjunction[…]
Cayman Hedge Funds CRS update Cayman Hedge Funds CRS – Key dates under the Common Reporting Reporting Standards (CRS) Automatic Exchange of Information (AEOI) as follows: Pre-existing Accounts to be subjected to due diligence procedures are those in existence as at 31 December 2015 New Accounts requiring self-certification by the customer are those opened on[…]
The preparation of annual financial statementsCayman investment hedge funds financial statement preparationCayman investment hedge funds financial statement preparation: – the preparation of semi-annual or annual financial statements (AFS) is becoming more and more complex. It can be difficult to keep up to date with the required presentation and disclosures required due to continual changes in[…]