QOMPLY ANNOUNCES AIMA PARTNERSHIP

to Assist Hedge Funds With Transaction Reporting Compliance

Press Release, 30 September 2024

The MiFID II regulatory regime places a significant emphasis on accurate, complete and timely transaction reporting. Yet data published by the FCA suggests 50% of MiFID II firms are not fully compliant and therefore run the risk of regulatory scrutiny and sanctions, costly remediation and reputational damage.

Transaction reporting specialist Qomply has partnered with the Alternative Investment Management Association (AIMA) to deliver MiFID II Transaction Reporting training to the alternative investment industry. AIMA has around 2,100 corporate members in over 60 countries who collectively manage more than US$3 trillion in hedge fund and private credit assets.

The training is delivered by Sophia Fulugunya who is a former FCA regulator and now the Transaction Reporting Director at Qomply. Sophia comments:

“I know from my time at the FCA and here at Qomply, that many firms do not always have the necessary internal regulatory expertise to comply with their regulatory obligations such as MiFID II. This virtual training has been specifically designed for fund managers, particularly hedge funds and other alternative investment managers to provide them with a strong understanding of the MiFIR transaction reporting requirements for their industry.”

The training is ideal for new starters or those looking for MiFID refresher training, the course is equivalent to four CPD hours.

To learn more about the training, visit: https://www.aima.org/event/mifid-transaction-reporting-training.html

About Qomply

Qomply empowers financial firms of all sizes to meet their regulatory transaction reporting requirements (MiFID, EMIR, CFTC, SFTR, MAS and ASIC) with best-in-class cloud-based technology solutions that are easy to use at affordable price points.

Our award-winning ReportAssure platform, powered by our proprietary assurance engine, delivers one of the most comprehensive arsenals of accuracy checks in the industry, ensuring our customers’ transaction reports are as complete and accurate as possible.

By offering affordable, modular subscriptions, we enable financial firms of all sizes to benefit from high-quality, regulatory reporting technology, choosing from a menu to suit all appetites.

For more information, please contact Qomply, on +44 (0) 20 8242 4789 or info@qomply.co.uk

Follow Qomply on social media on Twitter (https://twitter.com/QomplyRegTools) and LinkedIn (https://www.linkedin.com/company/qomply/)