Compliance & controls for funds
Compliance is a continuous process, not something that only plays a role when a fund is established. WeManage organizes and safeguards the compliance structure, internal controls and governance of your fund.
What do compliance & controls involve?
Compliance encompasses all measures that ensure a fund meets applicable laws and regulations. Internal controls are the processes by which a fund verifies that operations proceed as intended. Together they form the foundation for reliable and auditable fund management.
Compliance is not a one-time activity. It is a continuous process that begins when the fund is established and continues throughout its lifetime. Regulations change, investor composition evolves and operations grow. An adequate compliance structure requires ongoing attention. This is closely linked to a professional KYC and onboarding process.
Why are compliance & controls important?
For a fund manager, an adequate compliance structure is not a choice but a necessity. It protects the fund, investors and the manager against risks.
- Regulators expect a fund to have an adequate compliance structure in place and maintained on an ongoing basis.
- Internal controls protect the fund against errors, fraud and unintended regulatory breaches.
- A structured compliance approach strengthens investor confidence in fund management.
- Good governance creates clarity about responsibilities and authority within the fund.
- Ongoing monitoring enables timely course correction before problems escalate.
What WeManage handles
Ongoing compliance monitoring
Continuous monitoring of obligations, procedures and regulations applicable to the fund.
Internal controls
Design and execution of control processes for transactions, valuation and approvals.
Procedures and documentation
Recording procedures, work instructions and evidence in a structured file.
Reporting and monitoring
Periodic reports on compliance status, open actions and risks.
Governance support
Support for administrative structure, responsibilities and oversight within the fund.
Deviation detection
Timely detection, documentation and escalation of deviations to the authorized body.
How does it work?
Inventory
Inventory of applicable regulations, obligations and existing processes.
Design
Design of control processes, procedures and responsibilities.
Implementation
Implementation of procedures, documentation and signaling mechanisms.
Monitoring
Ongoing monitoring of compliance status and execution of controls.
Reporting
Periodic reporting to management and authorized bodies on compliance status.
Adjustment
Adjusting processes when regulations or operations change.
Frequently asked questions
No. Compliance is a continuous process that begins when the fund is established but requires ongoing attention. Regulations, investor composition and operations change, making continuous monitoring necessary.
Discuss your fund with WeManage
Tell us about your fund, your investors and your ambitions. We'll help you take the next step.