CARB’s third public workshop provided several clarifications on fee schedules, scoping definitions, exemptions, and implementation timelines for SB 253 and SB 261. Silver’s SRS Team provides key updates.
Partner network combines advisory depth with AI-powered automation to reduce risk, accelerate supervision, and standardize controls across compliance operations.
The SEC shutdown has left private fund managers navigating a rare period of regulatory silence — but compliance obligations have not paused. Silver’s Compliance Team outlines how firms can stay prepared and how to use this time strategically to strengthen their compliance programs before oversight resumes.
Cybersecurity lapses can carry regulatory consequences. Silver’s checklist highlights key areas every firm should review to stay compliant and protected.
Silver monitored key regulatory and market developments and in the US, activity ranged from efforts to roll back the EPA’s endangerment findings to court challenges over ESG proxy adviser rules to updated DOJ guidance on DEI programs. In the UK and EU, regulators advanced sustainability reporting consultations and trade agreements that may affect compliance obligations. Global industry alliances also saw shifts, including the suspension of the Net-Zero Banking Alliance and the release of SBTi’s new net-zero standard for financial institutions.
In today’s market, AI, crypto and cybersecurity are rapidly reshaping opportunities and risks for private fund managers and RIAs. Regulators are signaling both openness, such as new crypto listing standards, and heightened scrutiny, particularly around AI oversight, token classification and cybersecurity expectations. Firms that integrate compliance into their innovation strategies will be best positioned to capture opportunities while protecting clients and reputations.
