Mutual funds and their management companies are legally constituted and must implement and operate strict corporate governance standards.
The governance standards for Funds covers a wide range of requirements including: director responsibilities/conflicts of interest, record keeping, risk management, appointments/remuneration, etc.
Regulators impose strict rules on the governance of management companies and these are supplemented with industry codes of best practice.
GRC-Maestro supports your Fund Governance with:
- Maestro-Templates: based on the specific regulatory requirements and supplemented with optional best practice
- Schedules: periodically sending Maestro-Forms to the Directors and Managers responsible for the Management Company
- Exceptions: evaluate responses with automatic and manual incident creation, reporting and resolution
GRC-Maestro evidences to your regulators that the Fund’s Management Company has diligently implemented their regulatory requirements and can evidence best practice.
Reporting on: Fund Governance
- Low risk
- Medium Risk
- High Risk