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David Blass Quoted in Regulatory Compliance Watch on SEC’s 2024 Exam Priorities and ESG
11.21.23
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Partner David Blass was quoted in an article titled, “ESG Seeps Into Compliance’s Foundation,” which was published by Regulatory Compliance Watch. The article discussed the SEC’s fiscal 2024 exam priorities, which, for the first time in three years, did not specifically mention ESG. David explained that, regardless of what the exam priorities say, ESG has become a fundamental part of private funds’ compliance obligations. He further reflected, “My sense is that the SEC saw ESG as an emerging risk a few years ago, but it isn’t much of an emerging risk anymore,” but noted “That doesn’t mean they’re not going to look at ESG. They don’t talk much about the custody rule in this year’s exam priorities. But I can almost guarantee you that they’re going to ask about custody in an exam.”
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