Banyan has outsourced all fund administration to SANNE. This ensures independence on all administration, calculation and finalization of net asset value of our funds.
SANNE sends out investor reports detailing the percentage movement and net asset value for the respective period i.e. monthly or quarterly. In addition, Banyan will provide monthly and/or quarterly reporting to investors in the form market commentary and face-to-face reporting to the client.
Banyan has outsourced compliance to NFS Group South Africa, an independent well respected compliance services company. Services offered include (but are not limited to) compliance monitoring, compliance systems and strategy advice, compliance reporting, maintenance of compliance procedures, assistance and attendance of regulatory onsite visits, assistance with profile changes, FAIS and FICA compliance, application for regulatory approvals etc. In addition Banyan has an internal compliance team which overseas overall compliance in terms of the Companies Act, Protection of Public Information (POPI), IT compliance, conflicts of interest, sound business practices and business continuity.Conflict of Interest Policy (PDF)