Regulators in the US and Europe are pondering how they can tighten the oversight of what they see as secretive and unregulated funds. The fallout from the Madoff scandal is expected to push US lawmakers to impose new rules on independent administration. Investors are already demanding greater transparency of funds and independent valuation.
David Aldrich at Bank of New York Mellon believes quality regulation is a “huge benefit to service providers and we welcome it. To date, self-regulation throu
The week on Risk.net, March 10-16 2018Receive this by email