Cost of compliance: 5% of revenue
According to Duff & Phelps latest survey, 23.5% of senior decision-makers of financial services firms expect to spend between 1%-5% of 2021 revenue on regs compliance
More from the Drawdown
8 March 2021
And the winner is…
Entrants to The Drawdown's Awards were asked to demonstrate business growth, innovation and client satisfaction. While the winners were rewarded based on these metrics, what's clear from speaking to all of the successful groups is they all shared three additional commonalities
8 March 2021
Technology: Cyber Security award winner: ACA Aponix
Partner Mike Pappacena explains why the firm is moving into ESG
8 March 2021
Kirkland & Ellis’ Townsend joins Ropes & Gray
Townsend advises European and global firms on the establishment and structuring of private funds
8 March 2021
GCV launches new end-to-end SaaS
Quva was developed by GCV’s venture builder division G-Labs
8 March 2021
Crestbridge opens Dublin office
The firm is currently authorised to provide corporate services in Ireland and is aiming to provide fund admin services soon
5 March 2021
Ropes & Gray appoints funds partner Brown
Emily Brown will join the firm next month from Schulte Roth & Zabel where she has been a partner since 2018