Apiax use case Cross-Border Asset Management


Get guidance in cross-border asset management

Cross-Border Asset Management

As with any cross-border banking activity, cross-border asset management compliance is largely achieved through continuous compliance training and paper-based country manuals. Together with our clients, we have developed more efficient, digital ways to ensure compliance in cross-border asset management. Read on to learn all about it.

Country manuals for asset managers with cross-border activities

Asset managers with international clients or with international business activities are increasingly faced with the challenge of knowing the legal framework in the country of residence of their clients or in the country in which they provide their asset management services. Today, paper-based country handbooks are generally regarded as an appropriate tool to gain sufficient knowledge of cross-border risks and to assess with reasonable effort the legal risks to which they may be exposed in the respective countries. But is that really the case?

Traditional paper-based country handbooks do not provide binary, reliable answers. When a client advisor wants to offer a particular service to a particular client, these manuals typically only provide the information needed to produce a result. But should it really be the client advisor’s job to draw these conclusions? We definitely don’t think so, and our clients clearly agree.

Cross-border compliance training

Compliance training, such as e-learning programs or classroom programs, aims to enable asset managers to acquire a sound knowledge of the provision of cross-border financial services. The focus of these programs is on enabling asset managers to formulate risk policies and define internal cross-border policies and processes. They learn how to identify specific risks and what action they can take.

While this is certainly a major goal, we believe that traditional compliance training has a number of shortcomings. Most importantly, these training courses are expensive and with increasing regulatory volatility, it is difficult for asset managers to stay up-to-date.

Cross-border asset management in the digital age

We have designed our digital compliance solution to solve the challenges of traditional compliance approaches. Digital country manuals are designed to deliver clear yes or no answers. With sufficient content information, our manuals can provide binary answers at any time, even to the most complex problems.

Because our solution provides reliable answers, we support the knowledge asset managers acquire through compliance training and provide a reliable source of compliance knowledge they can rely on at all times. We see this as an additional tool to help asset managers deliver cross-border financial services.

Start working with digital compliance solutions now

Start now with RegTech tools that help you ensure compliance with cross-border financial services. Master the complexity of regulations, stay compliant and productive. Work with a robust and holistic cross-border framework. Download the white paper below to learn more or arrange a meeting with one of our RegTech specialists.

Master Complex Financial Regulations in the Digital Age

  • Read how regulatory experts can stay in control over regulatory developments.
  • Learn how client advisors can stay compliant in even the most complicated client interactions.
  • Discover how financial institutions can offer superior investment advice with tax-impact calculations.

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