ComplianceAlert

ComplianceAlert is our sophisticated compliance monitoring and reporting system for the Collective Investment Scheme (CIS) market. The system, offered through The Royal Bank of Scotland, represents a significant step forward in the automation of compliance monitoring procedures and has received widespread acclaim from clients, regulators and industry representatives.

ComplianceAlert examines each unit trust / OEIC portfolio for investment regulation breaches and compliance with scheme objectives. If a potential breach is highlighted, an exception report is generated, the breach is then investigated, and, where appropriate, discussed with the client.

Automated day-to-day compliance testing frees our compliance teams to focus on other crucial areas, such as derivatives monitoring, and to provide advice to clients on all aspects of regulatory matters.

Key features and benefits:

• Daily Internet reporting of potential regulatory / objective breaches
• Flexibility to specify the parameters within which we will report on a fund's compliance, providing early warning capability for potential breaches
• Reports can be easily exported to other applications
• System and data maintenance controlled and performed internally by Trustee & Depositary Services
• Flexibility in service delivery. ComplianceAlert is specifically designed to incorporate multiple electronic feeds so it can receive information from fund managers, custodians and third-party administrators

Please read the important legal information.