Setting up and testing policies and procedures are some of the most common compliance problems advisory firms face. Learn how the Compass app can help solve these issues in today’s article.
The new LexisNexis integration screens client information against the prohibited person and prohibited entity lists that are published by the US Treasury’s Office of Foreign Assets Control (OFAC) and the Commerce Department.
Orion’s Compliance Manager offers suggestions for your advisory firm to know when to file Form 13F and what you need to know about using Orion to support your compliance processes.
This year, Orion made several compliance-related changes including new tools and new staff. Here’s an overview and what it means for you and your firm.
Regulatory changes for advisors became effective on October 1st. Review today’s blog to make sure your team is prepared.
If you’re still sending your clients’ full account numbers and other personal information in unencrypted email, you might as well write out all their information on a tiny letter, attach it to a pigeon’s foot, and send it out into the great wide open for anyone to find. It might seem like a ridiculous analogy, but the security risk is the same.
OFAC (Office of Foreign Assets Control) regularly posts updates to its list of Specially Designated Nationals (SDN) and Blocked Persons that identifies individuals and companies owned or controlled by, or acting for or on behalf of, specific countries as well as individuals, groups and entities, such as terrorists and narcotics traffickers.