Thomas Murray - Regulatory Solutions

Regulatory Solutions

Thomas Murray provides tailored support to clients exposed to European fund regulation such as AIFMD and UCITS V. Over 40 depositary banks use our products and services to monitor transfer agents and other post-trade entities, mitigating their counterparty risk exposure and that of their underlying clients. In addition, our industry-leading technology applications provide a platform for effective counterparty monitoring to banks and fund management companies.

Thomas Murray - AIFMD/UCITS V Wrap Solution

AIFMD & UCITS V Compliance

We support European depositary banks in managing their counterparty risk exposure, as required by AIFMD and UCITS V. Depositary banks are liable under AIFMD/UCITS V for losses on assets held in custody, including fund units held on behalf of clients.

Thomas Murray provides risk assessments of central securities depositaries and central counterparties, as well as monitoring of global custodians, sub-custodians, prime brokers, CSDs and markets.

Thomas Murray - Transfer Agent Monitoring

Transfer Agent Monitoring

Transfer agents represent a compliance risk that cannot be managed through a direct contractual relationship.

Thomas Murray monitors over 950 transfer agents across 50 markets, tracking our clients’ exposure and identifying areas of high risk.

Thomas Murray - Prime Broker Monitoring

Prime Broker Monitoring

Regulatory requirements under AIFMD oblige depositary banks to monitor their delegates that hold clients’ assets in custody. This service, created with industry consensus, applies a proprietary methodology to assess the risk that each prime broker poses overall and in four categories: financial, asset safety, asset servicing, and operational.

Thomas Murray -Technology Solutions for Management Companies

Management Company Solution

Management companies are obliged to perform initial and ongoing due diligence over delegated activities such as fund administration, accountancy and distribution; this is mandated in Luxembourg by CSSF circular 18/698.

SupplierSelect – our dedicated counterparty monitoring platform – empowers clients to draft and issue complex questionnaires and to assess and benchmark responses through its embedded analytical tools.

If you would like more information on our Regulatory Solutions products please contact David Dickinson

Thomas Murray - David Dickinson

David Dickinson
Head of Client Relationship Management
Tel: +44 (0) 20 8600 2310

Click any of the links below to learn more about each relevant service or contact us to discuss your regulatory compliance needs in more detail.

Regulatory body
Regulations/Guidelines
Products
Regulatory body:
APRA (Australia)
Regulations/Guidelines:
Rule SPS 231
Regulatory body:
Canadian Rules
Regulations/Guidelines:
Guidance on Fund Holder Arrangements 2010
Regulatory body:
CPMI - IOSCO
Regulations/Guidelines:
PFMI
Regulatory body:
FCA
Regulations/Guidelines:
CASS
Regulatory body:
Financial Markets Conduct Authority
Regulations/Guidelines:
NZ Rule Change
Regulatory body:
Financial Stability Board
 
Regulatory body:
G20 - BIS/FSB
Regulations/Guidelines:
Basel III/BCBS227
Regulatory body:
SEC US
Regulations/Guidelines:
Rule 17f-5
Regulations/Guidelines:
Rule 17f-7
Regulatory body:
SEC,CFTC/ ESMA
Regulations/Guidelines:
US Exchanges and Svecurities Act
Regulatory body:
The Pensions Regulator (UK)
Regulations/Guidelines:
Regulatory Guidance for Defined Contribution Schemes