As globalisation and growing regulation create greater complexity, Citco’s expertise in navigating international regulatory frameworks keeps client corporate entities in good legal standing.
Governance of a large and diverse entity portfolio is a discipline in itself. Having Citco focusing on our strengths in this discipline allows our clients to pursue their strategies whilst being confident that their compliance is in safe hands. Through our worldwide network of offices, Citco provides a single global point of contact and delivery for a range of administrative services from corporate secretarial support to accounting, financial and regulatory reporting for Special Purpose Vehicles and other corporate entities
Citco is committed to continued innovation. Our scalable solutions such as Global Subsidiary Governance Services and SPV administration are often and continue to be at the vanguard of new developments in our industry.
Additionally, we offer general administration and market entry support services as well as dedicated office space in several international financial centres capitals through Citco Gateway.
Our roster of longstanding corporate clients includes multinationals and Fortune 500 companies. They find Citco differentiates itself through bespoke services delivered by highly experienced individuals from offices in 45 countries worldwide.
As an additional service for its clients, Citco has developed a range of innovative regulatory reporting services aimed at raising the efficiency of your business, helping you manage the current complex environment, by taking advantage of overlaps between different global reporting requirements.
Our specialized team assists in gathering data, preparing reports and managing the regulatory process.
Assistance with Economic Substance requirements to meet jurisdictional requirements, where applicable;
Assistance with European DAC 6 compliance, analysis and reporting, where applicable;
Reporting in compliance with the Foreign Account Tax Compliance Act (FATCA);
Reporting in compliance with the Organization of Economic Co-operation and Development (OECD) Common Reporting Standard (CRS).
General Counsels, in-house legal teams and corporate secretarial functions face a challenging environment. Global regulatory complexity continues to grow fast. Citco GSGS is a technology-enabled service platform helping firms better harmonize the administration of their global entities. Citco GSGS equips multinationals with the level of control and transparency required to navigate today’s complex compliance environment.
Partnership approach: dedicated central team – single point of contact and delivery
Proven methodology: one provider, one agreement, one invoice
Technology: specifically designed for global subsidiary governance
Comprehensive suite of services: annual compliance, event-driven corporate actions and appointments
Navigation of complex regulatory requirements: global infrastructure solution
Gain scale and agility when entering a new market, or expanding in an existing one.
Citco Gateway™ is a unique market-entry solution, providing premium office locations and administrative services to businesses looking to establish operations in a new market, or grow where they are.
Fully furnished office suites
IT infrastructure & support
Evolving regulations and rising stakeholder expectations are forcing funds and companies to focus on corporate governance. The time has come to ensure that proper corporate governance procedures are in place.
Ensure that corporate governance procedures are robust and up-to-date across funds, subsidiary companies and special purpose vehicles.
Circulate notices and board packs to directors prior to meetings.
Take minutes of the meetings of the board.
Take advantage of our company administration service, tailored for internationally operating groups and clients. Our service simplifies the business of investing across many different locations, including emerging and frontier markets.
Throughout our network of over 40 countries, we assist internationally operating groups with a range of specialised corporate, legal, accounting and reporting services.
Gain from a straightforward way to conduct transactions, place cash on deposit and access foreign exchange and bridge finance facilities. Banking and cash management is integrated with our fund administration and corporate & trust service offerings. Fully automated transaction flows minimise operational risk.
Operating in the Netherlands, Ireland, Luxembourg, Canada, Curacao, the Bahamas and Cayman Islands, the Citco Banks provide access to best-of-breed process and technology.
Make sure that your FX broking is transparent and fair. Traditionally hedging has been sold as part of a bundled administration service – Citco Bank’s FX service offers greater clarity and is completely fair.
Leveraging our scale as a major market participant, we use an agency model to get our clients the best price from a panel of leading FX brokers. An independent FX consultancy then systematically checks the FX prices achieved every quarter, comparing them with prevailing market spreads.
We’re bringing new levels of trust to FX hedging – after research revealed that billion dollar portfolios were routinely paying FX rates significantly outside the market price.
Prepare financial statements of entities that we set up for multinational, corporate and private clients. We ensure that these financial statements conform with the latest accounting principles and standards.
We prepare annual, quarterly, semi-annual and/or monthly unaudited financial statements in conformity with the relevant accounting standards (U.S. GAAP / IFRS/ and any other acceptable accounting standards). Additionally, we organise financial information required for regulatory filings and provide assistance during the audit of those financial statements where required, with external auditors.
Information technology differentiates Citco. Our proprietary technology, has allowed us to adapt quickly to the alternative investment industry’s rapidly changing needs.
Technological innovation ranges from our introduction of the Æxeo® front-to-back system in 2002, to the AXI transfer agency and allocation system in 2009, to the the CitcoOne web portal and CitcoWaterfall™ engine in 2016 and Æxeo® Treasury in 2018.
With the delivery of information at the core of our business, Citco is focusing on developing ‘big data’ to improve what we offer our clients still further.
Citco’s primary technology security goal is to ensure that all clients interact in the most secure possible environment and that their information is safe.
Comprehensive security measures include: encryption, intrusion protection and access management systems.
Business continuity and disaster recovery systems are in place across all operating locations.
Our continued financial commitment to technology investment allows us to provide the alternative investment industry with flexible, secure and robust systems.
With US$995bn under administration, we act for 20% of the hedge fund marketplace, calculating more than 250,000 fund NAVs per month.