NEW YORK, April 8, 2016 /PRNewswire/ -- Due to the growth of regulatory exposures and risks in today's investment environment, gaps in compliance coverage have the potential to hit investment returns hard, according to a white paper recently published by The Regulatory Fundamentals Group LLC (RFG).
The white paper, "Investment Office Behaviors in the Age of Enforcement," highlights four under-examined regulatory concerns that carry major price tags for violations: the Foreign Corrupt Practices Act, Sanctions Requirements, Required Reports, and Antitrust Laws. The paper also interprets the results of RFG's Third Annual Compliance Survey (completed in February 2016 with responses from 39 organizations), which show that today's "best in class" investment teams are building well-thought-out programs to address these and similar requirements that apply to their investment activities.
The final section of the white paper describes how an investment office can use best practices to build a compliance program tailored to its specific needs. The paper highlights the ways in which investment offices of charitable investors face requirements that are significantly different (both broader in some respects and narrower in others) from those that apply to investment advisers. With these differences in mind, the paper discusses the elements of a strong compliance program that is capable of protecting an organization's investment returns.
"In today's regulatory environment, going through the motions is not sufficient," says Deborah Prutzman, CEO of the Regulatory Fundamentals Group. "With regulators focusing more and more on the personal responsibility of gatekeepers for compliance lapses, Chief Investment Officers, investment committees, and trustees need to demonstrate that they take their regulatory obligations seriously. The way to do this is with a robust, tailored compliance program."
An investment office may obtain a copy of the white paper by contacting Information@RegFG.com.
The Regulatory Fundamentals Group
Deborah Prutzman, CEO
1115 Broadway, 11th Floor
New York, NY 10010
RFG pioneers cost-effective regulatory solutions for investors in a heavily regulated world, keeping clients up to date on regulatory changes while offering a comprehensive enterprise risk management structure that allows clients to determine whether a market change applies to them and, if so, how to respond. Representing a consortium of investment offices, RFG identifies key opportunities and vulnerabilities from business and regulatory perspectives and provides counsel, insights and creative solutions.
(212) 537-4058 ext. 3
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SOURCE The Regulatory Fundamentals Group