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By Gil BENDER, CEO Value Risk
In today’s evolving regulatory landscape, asset valuation is under increasing scrutiny from regulators, external auditors, and investors alike. At the heart of this shift lies a renewed expectation from supervisory authorities that Boards of Directors of investment funds not only oversee valuation activities, but also formally approve the underlying valuation policies, procedures, and, where relevant, the valuation models themselves.
This expectation reflects a broader regulatory push towards accountability, transparency, and robust governance. Valuation is no longer viewed as a purely operational or technical task. It has become a core governance function, directly linked to investor protection, regulatory...
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