Flash Reports


OCIE Risk Alert: common compliance program issues

OCIE Risk Alert: common compliance program issues WHAT HAPPENED? On Nov. 19, 2020, the Office of Compliance Inspections and Examinations of the U.S. Securities and Exchange Commission (OCIE) released a Risk Alert outlining common compliance concerns among registered investment advisers. The list was compiled based on recent compliance examinations [...]

2020-12-01T09:56:09-05:00 December 1st, 2020|Articles, Flash Reports, News|

Performance Practice Leader of Fairview Appointed to CFA Institute’s ESG Verification Subcommittee

Performance Practice Leader of Fairview Appointed to CFA Institute’s ESG Verification Subcommittee We are pleased to announce that, this month, Fairview Performance Service’s Vice President and Performance Practice Leader, Greta Nathan, begins her term on CFA Institute’s ESG Verification Subcommittee. CFA Institute issued a Consultation Paper on the Development of [...]

2020-11-16T14:04:56-05:00 November 16th, 2020|Flash Reports, GIPS®, News|

9 Important Highlights from the 2020 GIPS Standards Conference

9 Important Highlights from the 2020 GIPS Standards Conference Late last month, CFA Institute held its 24th Annual Global Investment Performance Standards (GIPS®) Conference virtually. The event was an opportunity to capture important information from industry experts and focused on the 2020 GIPS standards, which are effective for firms claiming [...]

2020-11-24T15:57:25-05:00 November 10th, 2020|Articles, Flash Reports, GIPS®, News|

CFA Institute’s Online Resources for Asset Owners Claiming Compliance with the 2020 GIPS® Standards

CFA Institute’s Online Resources for Asset Owners Claiming Compliance with the 2020 GIPS® Standards CFA Institute’s website has a great list of resources for asset owners claiming compliance with the Global Investment Performance Standards (GIPS®). Most items relate to the 2020 edition of the GIPS Standards that was released on June 30, 2019. The [...]

2020-09-28T11:05:11-05:00 September 28th, 2020|Articles, Flash Reports, GIPS®, News|

GIPS® Advertising Guidelines for Firms

GIPS® Advertising Guidelines for Firms Firms claiming compliance with the 2020 edition of the Global Investment Performance Standards (GIPS®) have two options for communicating their claim of compliance. One of which is making a full claim of compliance in the firm’s GIPS report, formerly called a “GIPS compliant presentation.” However, asset managers [...]

2020-08-31T10:56:00-05:00 August 30th, 2020|Articles, Flash Reports, GIPS®, News|

LIBOR Transition Compliance Risks

LIBOR Transition Compliance Risks WHAT HAPPENED? On June 18, 2020, the Office of Compliance Inspections and Examinations of the United States Securities and Exchange Commission (OCIE) announced an exam initiative and issued a subsequent Risk Alert about LIBOR transition preparedness. LIBOR, formerly known as the London Interbank Offered Rate, [...]

2020-12-08T11:11:16-05:00 July 8th, 2020|Articles, Flash Reports, News|

Updates to GIPS® Reports in Response COVID-19

Updates to GIPS Reports in Response COVID-19 Firms claiming compliance with the Global Investment Performance Standards (GIPS®) are required to submit an annual GIPS Report for distribution to prospective clients and investors. However, CFA Institute recommends updating the report on a quarterly or semi-annual basis. Many firms include annual time-weighted returns [...]

2020-06-24T09:22:38-05:00 May 28th, 2020|Articles, Flash Reports, GIPS®, News|

Reminder: Annual GIPS® Notification Renewal Due June 30, 2020

Reminder: Annual GIPS® Notification Renewal Due June 30, 2020 Firms and asset owners claiming compliance with the Global Investment Performance Standards (GIPS®) are required to notify CFA Institute of their claim of compliance annually by June 30. The required information is minimal, including: firm or asset owner name; primary and secondary [...]

2020-05-13T11:19:35-05:00 May 13th, 2020|Articles, Flash Reports, GIPS®, News|