IOSCO Consultation Report, Principles for the valuation of hedge fund portfolios

The International Organization of Securities Commissions (IOSCO) has published its latest Consultation Report entitled Principles for the valuation of hedge fund portfolios. The Consultation Report focuses on principles for valuing the investment portfolios of hedge funds and the challenges that arise when valuing illiquid or complex financial instruments. The consultation closes on 21 June 2007. 

FSA supports IOSCO Consultation Report

The FSA has issued a press release which states that it supports the IOSCO Consultation Report entitled Principles for the valuation of hedge fund portfolios.

FSA regulation of alternative investments

On 9 March 2007 Dan Waters (FSA Director of Retail Policy and Asset Management Sector Leader) gave a speech to the International Bar and American Bar Associations on the FSA’s approach to the regulation of alternative investments, particularly hedge funds and private equity.