Sustainability Report 2024
Private markets and wealth management: a growing connection
How technology enables broader access to private markets
18 October 2022
On Thursday, 29 September 2022, the Financial Crimes Enforcement Network ("FinCEN") issued a final rule (and a fact sheet) implementing the bipartisan Corporate Transparency Act’s ("CTA") Beneficial Ownership Information ("BOI") reporting provisions. Taking effect from 2024, the BOI reporting will require certain entities to provide information on themselves, their beneficial owners and reporting applicants in North America.
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Apex Group Ltd. (“Apex Group” or “The Group”), a leading global financial services provider, today announced a collaboration with BlackRock’s eFront to provide the General Partner (“GP”) community with market leading ESG data consulting services from Apex Group.
Here we go over the Compliance Solution Quarterly Updates for Q3 that focuses on the Cayman Islands. In this issue we cover trends, useful dates and reminders.
17 October 2022
ESG Criteria, or Environmental, Social and Governance Criteria, is increasingly becoming a major concern for businesses. A healthier planet is better for everybody, in the same way that everybody suffers if the planet is harmed. This attitude is increasingly being reflected in investors’ attitudes, which are becoming more focused around the planet.
Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today supports the launch of the not-for-profit Apex Foundation, with a considerable cornerstone donation from Founder and CEO Peter Hughes.
14 October 2022
This article examines the ESG team’s responses and recommendations to the recent call for evidence from the UK Government to gather industry feedback for the update to the Green Finance Strategy, due to be published in late 2022.
On 5 October 2022, the Monetary Authority of Singapore ("MAS") launched its Sustainable Finance Advisory Panel ("SFAP").
On October 5, the Monetary Authority of Singapore (“MAS”) launched the ESG Impact Hub (the “Hub”) to spur co-location and collaboration between ESG FinTech start-ups and solution providers, financial institutions and real economy stakeholders.
On 7 October 2022, Singapore launched the National Strategy for Countering the Financing of Terrorism ("CFT").
13 October 2022
Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces that it will provide services to Herakles Investment Partners (“Herakles”), a buy-out and growth private equity firm.
The private credit markets in Europe are in good shape to withstand an economic shock, with technology set to reduce risks and increase efficiencies for managers.
12 October 2022
Under the new Investment Firms Prudential Regime ("IFPR") implemented from January 2022, the Internal Capital Adequacy and Risk Assessment ("ICARA") was introduced as a replacement for the Internal Capital Adequacy Assessment Process ("ICAAP"). Some elements of the ICARA process are similar to the legacy ICAAP, but most firms will need to adapt to the new framework in line with the Financial Conduct Authority's ("FCA") objectives of creating a risk-focused and commensurate capital framework.
