As authorised and regulated by the Financial
Conduct Authority, solid regulatory and governance controls and
procedures characterise SL's internal operational processes. These
well established processes and controls equip us to respond to and
meet the evolving regulatory requirements of not only the Financial
Conduct Authority, but also Irish and US regulatory
SL operates a number of governance
committees within its operational structure.
Pricing & Allocation Committee
Conduct weekly meetings to discuss
pricing levels, allocate successful acquisitions and
also set purchasing quotas for the coming week.
Representatives of the Trading and Fund Management Teams attend and
decide on policy allocation, pursuant to guidelines set.
Asset Allocation Oversight Committee
Ensures a fair and consistent allocation of
Life Settlement policies to all SL clients. The Committee is also
responsible for ensuring that suitable reports are produced to
allow the Committee to monitor that the policy is being applied as
part of the day-to-day investment operations within SL.
Meets quarterly and comprises senior management
and Board representatives: the attendant group is chaired by a
Non-Executive Director. The purpose of the Committee is to
review "Risk" and ensure actions appropriately
prioritised across the organisation to manage risk