The Hedge Fund Standards Board (HFSB) has approved a number of amendments to its Standards which will come into force on 2 May 2016. The amendments 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. On its Hedge Funds Standards web page the HFSB has published a version of the Standards in tracked changes so that firms can see the changes made.
View HFSB publishes new amendments to its standards, 5 November 2015
View Hedge Fund Standards, 5 November 2015