Operational & Enterprise Risk Principles for Asset Managers
This Guide has been developed to help firms implement a robust ERM framework, including a well-resourced operational risk function, to help to ensure continued financial strength/durability, to prioritise resources and to organise functions, teams and processes.
Operational & Enterprise Risk Principles for Asset Managers (November 2019)
CHARITY AUTHORISED INVESTMENT FUNDS
Charity Authorised Investment Funds (CAIFs) are UK authorised funds which are set up exclusively for Charities. CAIFs will be authorised and regulated by the Financial Conduct Authority. Each CAIF will also be registered as a Charity with the Charity Commission for England and Wales.
The Investment Association, the Charity Investors Group and the Charity Law Association have produced a guide for managers wishing to set up a CAIF, including and a model trust deed for a CAIF.
Following the Outsourcing Working Group (OWG) Report published in December 2013, the group met again in 2016 to consider the report and whether any areas required further amendments or change. This amended version of the OWG Report contains all of the original contents plus some of the risk-based aspects of outsourcing activities to a third party, with practical examples for asset managers.