Broadstreet Impact Services’ Post

Exchange Protection Fund Valuation Status in February 2024. I recently noticed that the steady increase in Bitget protective fund valuation from $413 on Feb 4 to $543 is catching the attention of many. Exchange Protective Fund continues to play a crucial role in safeguarding the interests of its users. The significance of maintaining an accurate and up-to-date valuation of the Protection Fund cannot be overstated. It demonstrates an exchange dedication to risk management commitment to mitigating risks and protecting the interests of its users. It also reflects the platform's proactive approach to maintaining a robust financial foundation that can weather market uncertainties. This protective fund ensures that the platform can fulfill its obligations to users in the event of adverse market conditions. By providing full transparency into its valuation status, will Bitget continue to instill more confidence and trust among its user base?

The emergence of the Caribbean as a hub for fund administration means that fund managers and their trusted partners must adapt quickly to changes in that marketplace. In a new interview for the Asset Servicing Times, Dan McNamara, our Chief Strategy and Financial Officer, explains how the industry is staying ahead of these changes by implementing new risk management strategies and launching new technology, while closely monitoring regulatory calls for greater transparency and disclosure.   Read the article here: https://lnkd.in/ewzpUVYP   #FundAdministration #APartnershipBuiltAroundYou

Escrow failures are unacceptable and avoidable. At SeedTrust, we ensure such risks are eliminated, providing secure and stress-free fund management. A secure and trustworthy escrow company must meet specific key criteria. We have outlined these standards and how SeedTrust exceeds them. Choosing an escrow provider is crucial, and there should be no compromise due to the high stakes involved. 📖Read the full article to learn more --> https://lnkd.in/eAA7sD8M

The SEC ended 2023 with 43 proposed and final stage rules. Many of these rules will have a direct impact on private fund managers, necessitating substantial adjustments to ensure compliance. More here: https://okt.to/TlVuEb #SEC #ComplianceChanges #RegulatoryCompliance #PrivateFunds

Mitigating clawback risk in waterfall distributions is becoming increasingly important across Private Markets – but there is no one-size-fits-all approach. The Citco group of companies’ (Citco) latest report highlights important waterfall considerations across fund size. Download the report for more insights: https://bit.ly/3u7cjmq #privatemarkets #SEC #TheCitcoWay #Waterfall

Fund buyers often have to rely on challenging and time-consuming Due Diligence Questionnaires (DDQs) to get fund-related information. AssetQ is an independent and reliable 'golden source' of this data and provides a much better option for professionals in the field to do their due diligence. It's called 'Core DDQ'. It helps our clients avoid the usual competitor bloat. It limits the amount of data users have to work with while providing robust analytics via standardised questions to help them make informed decisions regarding products their clients are interested in. Do you want to know more about how AssetQ can benefit you as a fund buyer? Scroll down to the bottom of this page provided on the page in this link and request a callback: https://heyor.ca/wSElJb Alternatively, please get in touch through info@assetq.com #FundBuyer #GoldenSource #FundData #AssetDataDueDiligence

Fund managers: are you ready for the new CTA reporting requirements? The Corporate Transparency Act (CTA) went into effect on January 1, 2024, meaning many U.S. businesses — including private funds — must now comply with the new Beneficial Ownership Information (BOI) reporting requirements. Read more about your new obligations on our blog: https://lnkd.in/eQNiByKy

SEC adopts Form N-PORT reporting requirements amendments Form N-PORT reports provide important information about a fund’s portfolio holdings and related information to help assess the fund’s risks. The amendments will provide the SEC with timelier information about funds’ portfolio investments, which will promote more effective regulatory monitoring and oversight of the fund industry for the benefit of fund investors. #investech #portfolio #holdings #risk #assetallocation https://lnkd.in/enYJsMk8

𝐓𝐫𝐚𝐝𝐞𝐍𝐞𝐭 𝐈𝐧𝐝𝐞𝐩𝐞𝐧𝐝𝐞𝐧𝐭 𝐂𝐮𝐬𝐭𝐨𝐝𝐲 in the world of finance, safeguarding your assets is paramount. Independent Custody Management (ICM) entrusts asset protection to a third-party custodian, ensuring your securities and funds are securely stored, accounted for, and protected from loss or theft. Contact us to know more https://lnkd.in/dECdr24D #KnowledgeNet #KN #TradeNet #ICM #IndependentCustodyManagement #CapitalMarket #FinancialTechnology #Investments #Trading #TimelyInvestments #onboarding

Did you know there are dangers in the Customizable Funds structure? 🤔 Many fund managers unknowingly expose themselves to significant risks when using customizable fund structures. Without the right knowledge, these hidden dangers could lead to costly mistakes. Join us 𝐋𝐈𝐕𝐄 𝐨𝐧 𝐍𝐨𝐯 𝟐𝟎𝐭𝐡 𝐚𝐭 𝟔:𝟎𝟎 𝐏𝐌 𝐂𝐒𝐓 with 𝐒𝐄𝐂 𝐀𝐭𝐭𝐨𝐫𝐧𝐞𝐲 𝐍𝐚𝐭𝐡𝐚𝐧𝐢𝐞𝐥 𝐃𝐨𝐝𝐬𝐨𝐧 to uncover the risks you may not even know exist and learn how to protect your fund and stay compliant. 👉 Reserve Your Free Spot Now https://lnkd.in/gjs4kguZ Protect your capital—don’t miss this crucial discussion. #FundManagement #CapitalRaising #ComplianceMatters