As the regulatory landscape is constantly evolving, Compliance Risk Concepts (“CRC”) is issuing its monthly […]
Ashley is an accomplished compliance professional with over 12 years of industry experience. Ashley has extensive knowledge of the rules of the Investment Company Act of 1940 and the Investment Advisers Act of 1940. Most recently, Ashley served as a Compliance Officer in the Compliance and Operational Risk Control Department at UBS Asset Management. Her main focus was creating and maintaining a compliance program for the Firm’s Mutual Fund Sub-advisory platform. She provided regulatory guidance to the managers and enhanced the on-site due diligence review process by implementing a risk-based assessment for each manager. She was also instrumental in customizing the compliance training program, which covered core topics such as conflicts of interest, personal trading, private securities transactions, outside business activities, political contributions, gifts and entertainment, code of ethics, privacy and data protection, information barriers and anti-money laundering and sanctions.
Prior to joining UBS, Ashley spent approximately 10 years at Fred Alger Management, Inc. as a Compliance Officer. Her responsibilities included planning, risk-assessment, reviews and forensic testing needed for the annual compliance report; providing regulatory and interpretive guidance to the Investment Advisory and broker-dealer business; conducting trade and communications surveillance; reviewing marketing materials; coding and monitoring of all client investment guidelines and ’40 Act restrictions into the trading system; creating and modifying various policies and procedures; oversight of best execution and compliance reporting to the mutual fund board of directors.
Most recently, Ashley served as an AVP in Legal and Compliance at The Blackstone Group. Ashley’s provided ongoing advice and support to Blackstone’s Real Estate Investor Relations team. In this capacity, Ashley was responsible for assisting with compliance matters surrounding investor suitability, domestic and global marketing registration, marketing material compliance review and investor communications. Ashley also reviewed due diligence responses and other fundraising and reporting related materials across various investment strategies from a legal, regulatory and compliance prospective. Ashley developed educational material and Legal and Compliance trainings, assisted in assessing current and prospective regulatory risk through industry interactions and research and managed all existing investors’ legal and compliance requests.