Central-Bank-of-Ireland-CP86-Thematic-Review-and-Findings

Regulatory Update Ireland – CP86 Thematic Review and Findings

The Central Bank of Ireland (CBI) today published their findings from their thematic review of Fund Management Companies’ (FMC) governance, management and effectiveness (“CP86 Review”). Following their in-depth analysis, the CBI confirmed, that when applied correctly, CP86 provides a framework for robust governance, management and oversight arrangements. However, the CBI found that a significant number

Central Bank of Ireland Updates PCF Functions

In February this year the Central Bank of Ireland (the “Central Bank”) issued a notice of intention to make amendments and additions to the list of Pre-Approved Controlled Functions provided for in the Central Bank Reform Act, 2010 and subsequent regulations. The Central Bank has now published the Central Bank Reform Act 2010 (Sections 20

Dai Kazamatsuri-Lead Director-Carne Japan

Carne strengthens Japanese coverage to service surging investment in private credit and illiquid assets

Tokyo, Tuesday 13th October 2020 – Carne Group, the leading digitally driven industry platform to the global asset management industry, today announced the appointment of Dai Kazamatsuri as Lead Director for Carne Japan with responsibility for Carne’s Japanese clients and Japanese business development. Mr Kazamatsuri will focus on advising and providing solutions to Japanese Institutional

ESMA Liquidity Stress Testing

As we steadily work through the implementation of the ESMA Liquidity Stress Testing requirements with our clients ahead of the deadline at end of September, we are having a lot of interesting conversations. One key question being discussed is around which historical market scenarios are the most appropriate to stress test the likely behaviour of

Meet the Carne Digital Team

Introducing Carne Digital Carne’s Digital Team includes IT architects, developers, engineers, programmers, business analysts and project managers. The team is located across multiple Carne offices and is made up of highly experienced professionals from mainland Europe, India and Russia. The team has extensive experience and expertise in designing and building industry software and delivers risk

Carne-Newsletter-Regulatory-Update

Private Funds Law

Background The Cayman Islands newly enacted Private Funds Law (the “PFL”) came into full effect on August 8th, 2020 impacting more than 11,000 closed ended funds. Prior to the enactment of the PFL on February 7th, 2020 closed ended funds (referred to in the PFL as private funds) were not monitored by the Cayman Islands

Carne-Newsletter-Covid-19-update

Covid-19 Update

We remain committed to providing a safe and healthy workplace for all employees, our business partners and our community. From our remote locations we continue to operate as one global team, providing efficient and effective support to our clients using our agile business model and technology. As we continue to adapt to our new reality,