The implementation period to comply with AUSTRAC’s Customer Due Diligence (CDD) requirements ends on 31 December 2015. FundBPO is committed to offering a comprehensive anti-money laundering and counter-terrorism (AML/CTF) program,… Read More
Back in 2006 the founders of MainstreamBPO identified a gap in the fund administration market for an independent provider. They went on to establish MainstreamBPO as a boutique alternative to… Read More
In Notice 2015-66, released on 19 September 2015, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) announced their intention to extend the period of time that certain… Read More
FundBPO has issued its annual internal controls report in relation to its compliance with the Auditing and Assurance Standards Board’s Guidance Statement 007 (GS 007). GS 007 prescribes a minimum set of… Read More
Middle office outsourcing – involving service provider integration, data and trade management, compliance and reporting – represents a new wave of specialist administration services. While only a minority of investment… Read More
With volumes and complexity increasing, FundBPO has automated its stock reconciliation processes to increase risk control and give our clients better insight and control over their holdings. FundBPO now manages… Read More
There has been a lot of media debate in recent months about future superannuation and retirement incomes policy. There have been calls for all sorts of changes, including among others:… Read More
If you have Australian based managed funds, you should already be aware that AUSTRAC introduced new Customer Due Diligence (CDD) requirements in Australia from 1 June 2014. Made in response… Read More
No doubt you have heard about the US Government’s Foreign Account Tax Compliance Act (FATCA). However have you fully considered the impact on your business? Even if your fund does… Read More
ASX’s launch of their mFund settlement service earlier in the year is viewed by many in the industry as a “game changer”. FundBPO is a foundation member of mFund and… Read More
