Compliance is a "Have to Have," Good Compliance is a Choice
In this third Roundtable Talk with David Birnbaum, JD, of Bates Group, he discusses the impact of compliance on business value, as well as the importance of internal compliance audits to stay ahead of any regulatory issues and correction periods that come with them.
David stresses that effective compliance requires two key components:
- Full-time management
- Customized policies and procedures
There are too many rules, deadlines, and self-assessments to be able to stay completely on top of compliance without constant attention. Additionally, policies and procedures that aren’t both compliant AND tailored to your unique business can lead to regulatory blind spots and impede operations.
Fill out the form to watch the full conversation, and use the links below to watch the other two Roundtable Talks in this series.
Bates Compliance Solutions (BCS), a division of Bates Group LLC, is made up of experienced former regulators and compliance professionals, including CAMS-certified individuals who provide world‐class Compliance and Regulatory services and support for new and existing Registered Investment Advisers (RIAs) and hybrid firms. Our comprehensive set of RIA services is tailored to the needs and requirements of each firm, at prices that are more than competitive. BCS services include a myriad of front office, governance, compliance, risk, and internal audit services. The BCS team can tailor an engagement for a discrete need, or as continuous, ongoing advice and support. Visit Bates Compliance Solutions for a complete listing of their services.