RFMC Registration Solutions | Pre-licensing Assessment | Application Management | Post-registration Risk and Compliance Management

We offer a comprehensive set of solutions to help you obtain and maintain an RFMC registration, tailored to:

• Your business goals and objectives
• Your client demographics
• Your countries of operation
• The size of your business
• The available human and technology resources
• Your risk appetite
• Your governance structure
• The products that you offer
• Regulated RFMCs' obligations covering risk and compliance management under financial laws and regulations, the applicable financial licensing requirements, AML/CFT laws, privacy laws, consumer protection laws, and more

We have designed our regulatory licensing solutions to help you navigate the complexities of the RFMC registration regime in a commercially oriented and goal-focused manner, providing effective support for all stages of the registered fund management companies’ registration process, including but not limited to the following aspects:

• RFMC Registration Guidance: Advising on a wide range of aspects associated with the RFMC registration as it relates to your specific situation
• Pre-licensing assessment: Covering compliance gap analysis as well as risk and compliance assessment
• Pre-licensing support:
• Drafting the necessary policies and procedures to help you comply with the RFMC registration conditions and financial markets' regulations
• Developing internal controls to help you meet your obligations under the RFMC registration regime
• RFMC Registration Application Support: Covering the entire licensing process
• Post-licensing Support: Covering
• Ongoing compliance advice
• Comprehensive second-line risk and compliance support, including leading the implementation of your risk management framework (RMF), compliance management framework (CMF), compliance monitoring program (CMP), compliance calendar and checklist, ongoing risk assessments, internal and external reporting, outsourced providers' management, and more
• AML/CFT advice
• AML/CFT compliance management
• Compliance assurance solutions, including compliance assurance program (CAP) development, implementation, and internal control testing

 

Service Coverage

We offer comprehensive support for a wide range of RFMC registration applications tailored to meet the specific needs of the following businesses:

• Independent Investment Firms
• Registered Investment Firms
• Investment Advisory Firms
• Portfolio Management Firms
• Consumer Investment Firms
• Wealth Management Firms
• Private Equity Firms 
• Family Offices
• Investment Platform Managers
• Boutique Investment Firms

 

You can find more information about our RFMC registration solutions below:

 

RFMC Registration Preparation

Pre-licensing Compliance Assurance

Our RFMC registration solutions cover the following focus areas:

• Compliance Goals Analysis: We review your business-specific goals and resources against the suitability criteria for an RFMC registration
• Initial Consultation: We provide guidance on potential risk and compliance issues that may arise during the registered fund management companies’ registration process
• Choosing the Right Jurisdiction: We assist in evaluating regulatory, risk, and compliance environments to determine the most suitable jurisdictions for your RFMC registration, tailored to suit your:

• business objectives,
• operational capacity,
• client base,
• markets of operations,
• and other relevant factors

• Gap Analysis: We identify gaps between your existing operations and regulatory requirements and help you align them in a commercially oriented manner
• RFMC Registration Application Plan: We help you establish a roadmap to effectively meet the RFMC registration requirements

 

 

 

RFMC Registration Guidance

Selecting the right compliance model is crucial not only for navigating the licensing process but also for maintaining ongoing compliance and avoiding potential breaches. Our registered fund management companies’ registration covers:

• Compliance Model Selection: To help you best comply with the RFMC registration regime and related risk and compliance obligations.
• Corporate Governance Model Selection: We offer practical guidance on establishing effective corporate governance practices that support your risk and compliance oversight.
• Operations Model Advisory: We advise you on optimising your operational and governance models to help you efficiently comply with the licensing requirements for registered fund management companies and other applicable regulated RFMC obligations, keeping in mind your specific circumstances, available resources and business goals.

 

Entering the RFMC Regulatory Environment

We help businesses transition from an unregulated environment to operating under the registered fund management companies’ registration regime, helping them meet their obligations as a RFMC registration holder.

We also assist already regulated businesses in aligning their existing risk and compliance management structures with the RFMC registration regime requirements.

Our focus areas for this service include:

• New businesses
• Existing investment firms operating in unregulated markets
• Regulated RFMCs expanding into foreign jurisdictions
• Financial institutions and/or service providers with established risk and compliance frameworks seeking to offer regulated investment management as a new product.

 

Multi-Jurisdictional Compliance

With years of experience managing risk and compliance obligations for businesses operating under multiple financial licences across various jurisdictions, we help businesses remain compliant with financial companies' obligations globally.

 

RFMC Registration and Wholesale Markets

Getting an RFMC registration may not always be the best fit for all. For example, a retail market expansion may not always align with your goals or the products you offer.

Operating in the wholesale environment can sometimes be a more suitable option. We offer a wider range of risk and compliance management solutions to assist RFMC that:

• Operate in the wholesale markets
• Operate under exemptions from the RFMC registration regime
• Offer services to sophisticated, eligible, and wholesale investors

 

We help them comply with the regulatory compliance obligations that are not caught by the registered fund management companies’ registration regime, but that still have to be addressed and handled, including:

• Advertisement Rules
• Fair Dealing Regulations
• Risk Management
• Outsourced Providers' Oversight
• Restrictions on offering services to retail investors without a licence (an integral part of the RFMC registration regime)
• Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) laws and regulations
• Data Management Laws and Regulations

 

RFMC Registration Application

We assist with your licence application through ongoing engagement in the registered fund management companies’ registration process:

• Document Compilation and Review: We compile and review all required supporting documents to support your RFMC registration application.
• Application Form Completion: We assist you in completing the forms to ensure all material information is accurate and complete.
• Pre-Submission Review: We can arrange a pre-submission review session with key stakeholders to ensure all parts of your application are understood and agreed upon. This session aligns application details with the actual situation, removing ambiguity.
• Regulatory Liaison: We manage the end-to-end submission process, maintaining clear and effective communication channels throughout the regulated registered fund management companies’ registration.
• Timeline Management: We closely monitor and adhere to all necessary deadlines, providing timely updates and adjustments to keep the application process on track.

 

Resolving RFMC Registration Issues

Having competent compliance advisors is crucial when licensing issues arise. Therefore, our RFMC registration solutions include a range of services to address and resolve these issues effectively:

• Remediation Solutions for RFMC Registration Applicants: We address and remediate risk and compliance issues identified by regulators, helping your operations align with RFMC registration regime requirements.
• Specific Licence Conditions Compliance: We can help you manage additional conditions imposed on your RFMC registration, developing a tailored action plan to maintain compliance and facilitate the eventual removal of these conditions with minimal disruption to your business operations.
• Licensing Issues Handling: We address common licensing issues encountered during the registered fund management companies’ registration process, providing you with solutions to navigate and resolve these challenges efficiently.
• Further Information: You can visit our Compliance Remediation Solutions page for more information.

 

Post-Licensing Support

We offer a full range of ongoing risk and compliance solutions for RFMC. Our services include, but are not limited to:

Ongoing Risk and Regulatory Compliance

• Regulated RFMC Obligations Guidance: We can advise your risk, compliance, management and other teams on meeting the requirements of the registered fund management companies’ registration regime and other regulatory compliance obligations. For more information, please visit our Compliance Consultancy Service page.
• Regulatory Risk and Compliance Management: We provide dedicated compliance managers to manage your overall compliance. For more information, visit our Specialised Compliance Management Solutions page for Investment Firms.
• Compliance Assurance Solutions: As part of our compliance assurance solutions, we offer:
• Compliance Assurance Program (CAP) development and testing options
• Internal Controls Design option
• Internal Controls Testing option
• Internal AML/CFT Review option
• Statutory AML/CFT Audit option
• Compliance Training Solutions: We offer training programs to different teams on complying with:
• RFMC obligations for risk and regulatory compliance management. You can visit our Compliance Training page for more information.
• RFMC AML/CFT obligations and operational best practices for fraud prevention. You can visit our AML/CFT Training page for more information.
• Crisis Management Planning: We can develop proactive strategies to manage potential compliance crises effectively.
• Anti-Money Laundering (AML) and Counter Terrorist Financing Solutions: We provide a full range of AML/CFT solutions for RFMC. For more information, visit our Specialised AML/CFT Solutions page for Wealth Managers.
• Advanced Compliance Technologies: We can assist you with selecting and integrating advanced technology solutions, such as compliance automation tools and regulatory technology (RegTech), to streamline compliance processes without disrupting operations.
• Risk and Compliance Framework Adjustments: Including adjustments to risk management frameworks (RMFs), compliance monitoring programs (CMPs), compliance management frameworks (CMFs), and other core procedures and policies to align them with:
• new business goals
• regulatory changes
• changes in your operations
• evolving market conditions
• changes in stakeholders’ risk appetites (e.g., your banking partners, insurance companies, and liquidity providers).

 

Related Services

We assist in obtaining registered fund management company (RFMC) registration equivalents in the following jurisdictions:

• Australia: For more information on the Australian equivalent of an RFMC registration, the Australian Financial Services Licence (AFSL), you can visit our AFSL Solutions page. For retail licensing options, please visit our AFSL Licence page for MIS Managers.
• New Zealand: For more information on the New Zealand equivalent of an RFMC registration, you can visit our New Zealand Investment Firm Licence page.
• United Kingdom: For more information on the UK equivalent of an RFMC registration, the consumer investment firm FCA authorisation, you can visit our Consumer Investment Firm FCA Authorisation page.
• Prominent Financial Centres and Offshore Tax Havens: We also offer licensing and registration solutions for investment firms in prominent financial centres and offshore tax havens, including:

• Cayman Islands
• British Virgin Islands
• Seychelles
• Island of Man
• Bermuda