FAQ What Private Markets firms do we work with? We support firms across the whole ecosystem, both retail and wholesale faicng. Our client base includes asset managers, investment managers, corporate finance houses and brokers, investment intermediaries, investment platforms, and custody.

How does the SM&CR apply to Private Markets firms? The Senior Managers & Certification Regime (SM&CR) applies differently depending on your firm's FCA classification. Most Private Markets firms fall into the "core" or "limited scope" categories. Key requirements typically include: • Appointing and registering Senior Managers with specific responsibilities • Implementing certification processes for certain staff • Ensuring all staff adhere to the Conduct Rules Our team can help you determine which SM&CR tier applies to your firm and implement appropriate frameworks to ensure compliance.

What should Private Markets firms be doing about ESG regulations? ESG regulations are rapidly evolving for Private Markets firms. Current priorities should include: • Understanding which ESG disclosure regimes apply to your firm and funds or services, including Sustainability Disclosure Regulation and the anti-greenwashing rules, and to your portfolio investments • Developing robust processes for gathering and validating ESG data • Ensuring marketing materials and investor communications accurately reflect ESG strategies • Preparing for increased regulatory scrutiny of ESG claims Adempi helps firms develop practical ESG compliance frameworks that meet regulatory requirements while supporting your investment strategy.