Compliance Corner Q3‑2020: Regulatory Filings and Other Considerations That Hedge Fund Managers Should Note in the Coming Quarter

Fund managers have faced numerous operational and business continuity challenges associated with the coronavirus pandemic. Over the past three months, however, while the coronavirus pandemic continues, many fund managers are beginning to emerge from a pinpoint focus on responding to the “new normal” and instead are allocating greater resources to planning for the future to ensure regulatory needs and initiatives continue to be met. This thirteenth installment of the Hedge Fund Law Report’s quarterly compliance update, authored by consultants Anne Wallace and Chris Ray of ACA Compliance Group (ACA), highlights upcoming filing deadlines and reporting requirements of which fund managers should be aware during the third quarter. This article also includes information fund managers should consider for reopening their offices; the imminent global transition from the LIBOR benchmark; and the recently published Office of Compliance Inspections and Examination risk alert on advisers managing private funds. For more from ACA, see “Regulatory Responses to Coronavirus Pandemic and Best Practices for Business Continuity and Compliance” (Apr. 16, 2020).

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