The Hedge Fund Standards Board has published a revised version of its Hedge Fund Standards following its public consultation in March 2015.  The amendments that have been made to the Standards are designed to strengthen internal compliance procedures and improve disclosure of conflicts of interest, specifically in the areas of parallel funds, including employee funds and the aggregate size of employee and partner co-investment in those funds. The revised Standards will come into force on 2 May 2016 to allow HFSB signatories sufficient time to achieve conformity with them.