Mutual Fund Outsourced Chief Compliance Officer Solution
Our Mutual Fund Outsourced Chief Compliance Officer Solution provides a highly qualified named CCO supported by a team of experienced compliance professionals. WB can save you time and money by reducing your full-time staffing needs while staying compliant with the regulatory bodies.
Our goal is to help directors and trustees feel confident that WB’s Mutual Fund Outsourced CCO will help control and manage regulatory liability and prevent violations of federal securities law.
Experienced Compliance Professionals
We provide a qualified professional to serve as the named CCO of your fund on a temporary or permanent basis. We will:
· Review your compliance program and incorporate new or changed regulations.
· Review your Quarterly Code of Ethics requirements.
· Review the policies and procedures of the fund, advisers, sub-advisers and all applicable service providers.
· Design or review the fund’s risk-based forensic testing program.
· Perform and document forensic testing pursuant to the Investment Company Act of 1940, investigating and rectify exceptions.
· Perform onsite due diligence visits to advisers, sub-advisers and all applicable service providers as necessary.
· Prepare quarterly and annual CCO Reports for the Board and attend quarterly board meetings.
· Maintain records comprising the fund’s compliance program.
· Maintain a compliance calendar.
· Inform personnel and service providers of compliance responsibilities.
· Conduct Compliance training.
Support your in-house CCO
We can also provide services to support your in-house CCO on a temporary or permanent basis:
· Tasked based support
· Train new CCOs
· Supplement your compliance weaknesses
· Perform full CCO work behind the scenes but not registered as the CCO
· Moment’s notice request for support throughout the year.