Fund managers and administrators are facing rigorous fund compliance, reporting, and transparency challenges, along with increased pressures from regulators and investors. Firms and individuals are required to operate under high regulatory standards and demonstrate robust governance.

With the ever-evolving regulatory requirements in different jurisdictions, fund managers and fund administrators alike must fulfil rigorous processes to meet compliance, reporting, and transparency requirements. Non-compliance with regulatory framework may result in consequences for the investors and funds.

Firms should review their compliance and risk management infrastructures. They should look for effective ways to improve their oversight of third parties without additional administrative burden and explore opportunities to make their processes more efficient.