IOSCO Releases Template for Hedge Fund Regulation

The International Organization of Securities Commissions (IOSCO) recently released a template for regulators which lists eleven different categories of information that hedge funds will be required to provide beginning in September 2010. The Telegraph reports that the goals of the disclosure include monitoring systemic risk and ensuring there are no gaps in reporting requirements.

Under this template, hedge funds must disclose detailed information about their employees as well as their prime brokers, auditors and fund valuers, according to Telegraph. The hedge funds will also be required to explicitly identify the risks in their portfolios.

Read the Telegraph article