Manager of Managed Entity (MoME)

A Brief Overview

Corporate Governance

Active will provide the following to ensure demonstrable corporate governance and substance of regulated Managed Entities:

• Monitoring of outsourced functions in accordance with the Commissions published policy on outsourcing;
• Collate and distribute board packs and agendas including supporting reports;
• Ensure the minutes book and corporate statutory records are maintained;
• Provision of credible and experienced directors; and
• Availability of directors and staff to ensure regulatory deadlines are complied with, including ANLA. 

Regulatory Compliance

Active will, where required, provide Managed Entities with a dedicated MLRO, MLCO and CO to undertake the following:

• Implement compliance monitoring programmes;
• Act as statistics officer and contact with the JFSC;
• Preparation and implementation of compliance manuals;
• Provision of legal and regulatory updates to the board;
• Assist with implementation of regulatory changes such as FATCA, Codes of Practice and Guidance Notes;
• Preparation of risk and compliance board papers; and
• Maintenance of regulatory registers.