To stay up to date on the regulations affecting investment companies and fund managers is difficult and requires attention to detail, interest and experience. When considering and ranking business risks, breaches of license requirements, law and regulations will be among the important ones. The possibility of making mistakes is relatively high and the consequence of failure may be severe. Non-compliance is not acceptable.
Permian, as part of its compliance service, provide a training plan under which a number of issues may be presented by us, legal advisers or by the customer’s management or staff.