Part 1 - ESG by GRC - Improve responses to due diligence

It’s time-consuming to respond to questionnaires by each investor. At the same time, it can be challenging for investors and fund selectors to get the right answers from asset managers.

Self Certification Tax Reporting Purposes

You can view a general template and download the fillable word document via the link below.

Wolfsberg CBDDQ & FCCQ

Via the link below you can find the latest versions of the Wolfsberg questionnaire: Correspondent Banking Due Diligence Questionnaire (CBDDQ) and Financial Crimes Compliance Questionnaire (FCCQ).

Certificate of Status of Beneficial Owner

Via the link below you can find the latest version of the W8-BEN-E form, Certificate of Status of Beneficial Owner for US Tax Withholding and Reporting (Entities).

ESG due diligence

Soon we will launch our new services for ESG due diligence. Asset managers will be able to respond to ESG due diligence by sharing a profile with many. At the same time, we will simplify and speed-up the analysis by institutional investors, distributors and other asset managers.

3 types of due diligence

Linnea Wiklund, Head of Fund Selection at Avanza Bank is sharing the ROI when handling 3 different types of due diligence in GRC WATCH. Distributor, fund manager and investor due diligence - in one single place

Share your profile as a response

Complete your profile and share it with any company that has sent you a due diligence (DD) request. You can add up to 3 companies as a reader for free. Afterwards you will start to pay a subscription fee dependent on the number of companies you would like to share your profile with.

Checklist for due diligence

The 11-step checklist for due diligence. 30 min webinar covering the following areas: description of responsibilities internally, risk assessing different types of distributors and process related to the product governance lifecycle. If you wish to receive the checklist, send a message to GRC WATCH or email info@grcwatch.com

Recommendations for DD on distributors

In line with the Swedish Investment Fund Association's recommended DDQ for ongoing due diligence of distributors, GRC WATCH offers the possibility for asset managers to request this template directly in the tool. Distributors save time on responding since the questions match the questionnaire of their profile.

New design, same GRC WATCH

15th of September 2020 we are live with our new design. With the help of the design firm MoiMoi, we have updated the visual look and hope it will improve the user experience.

Ask follow-up questions

If you are missing information to close your due diligence, send a message to your partner and ask them to add it to their profile. You can also ask them to send a unique document straight to you.

Distribution oversight

A few reasons why Lannebo Fonder chose GRC WATCH for due diligence on distributors but also for due diligence on Lannebo (fund manager). Daniel Sundqvist, Head of Sales and Marketing at Lannebo Fonder.

Target Market Feedback Reporting

Do you need a confirmation that sales of funds have been within defined (positive) target market? Linda Hellström and Susanna von Langsdorff share the most common Q&As they get about target market feedback reporting.

DDQ, document library & contacts

In the profile you can find a questionnaire, a document library and contact persons. The questions in the questionnaire are tailormade for certain types of due diligence.

3 questions about DD on distributors

Samantha Skurtveit, Product Management Specialist at Skagen Funds shares her experience with due diligence on distributors. What are the challenges with KYD? Who are involved? What advice can be given?

CSSF Circular 18/698 & result of on-site visits

Discussion about the criteria that CSSF is mentioning as guidance for due diligence on delegates including distributors. The 30 min webinar also covers the result of on-site visits at asset management firms, which is mentioned in the CSSF Annual Report 2019., followed by conclusions on oversight and due diligence.

Knowledge database for network members

In GRC WATCH we have launched a resource library where we will share industry news, knowledge, guidelines and templates for due diligence. The content is produced by compliance experts with over 20 years of experience with due diligence in many directions.