In the current issue of Foreign Affairs, Ian Bremmer and Nouriel Roubini paint a pessimistic picture of potential global coordination of financial services regulation. As they put it, “… the process of creating a new international financial architecture is unlikely … Read more
Leave a CommentMarch 2011
I was in Zurich last week at the GIPS Executive Committee meetings where I was able to participate in several days of interesting and fruitful discussions. As an active observer, it struck me how the GIPS standards have reached all … Read more
Leave a CommentIt was interesting to see the dueling articles in the 21 March edition of the Financial Times, in which DG Internal Market Commissioner Michel Barnier warned of complacency as regulatory reform stalls in the EU while European Fund and Asset … Read more
Leave a CommentWhen the Public Company Accounting Oversight Board (PCAOB) Office of the Chief Auditor (OCA) presented an update on 22 March on outreach to investors and others about changes to the auditor’s reporting model, it cited a 2008 CFA Institute survey … Read more
Leave a CommentAt the recent Annual IA Compliance Best Practices Seminar, the SEC offered some of its strongest language yet in clarifying its view of expert networks. While the bulk of the speech by Carlo di Florio, director of the U.S. SEC … Read more
Leave a CommentThe Financial Times brings news this week of the chilling practice of corporate retaliation against securities analysts who are negative on a company’s prospects. The FT story is similar to anecdotes we hear from CFA Institute members who know to … Read more
Leave a CommentCFA Institute has spent considerable time developing a code of conduct for pension trustees. The Pension Trustee Code of Conduct (PDF) is not a how-to manual or another entry into the parade of best-practice guidelines for pension fund governance. Rather, … Read more
Leave a CommentIn a recent global survey, CFA Institute members were asked to reflect on the following statement: The current global credit crisis has severely impacted market trust and confidence. Approximately how long do you believe the impact of the credit crisis … Read more
Leave a CommentAgainst the backdrop of the start of the insider trading case against hedge fund manager Raj Rajaratnam, Baruch College’s Robert Zicklin Center for Corporate Integrity at the City University of New York (CUNY) hosted a symposium on Tuesday, 8 March … Read more
Leave a CommentSince the financial crisis, investors are more interested than ever in the ethics and integrity of investment management firms. Since their introduction in 1999, the GIPS standards have been recognized as industry best practice for calculating and reporting investment performance
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