Funds need to be able to use judgment, and a range of methodologies to value illiquid assets
Washington, D.C. — MFA encouraged the International Organization of Securities Commissions (IOSCO) to create flexible, principles-based valuation standards for private funds in a comment letter submitted today. The letter responds to IOSCO’s consultation on Valuing Collective Investment Schemes, which seeks to update global valuation standards.
“Accurate valuations are critical to market integrity...
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