Hedge Funds Face First Global Risk Check

Summary


LONDON (Reuters) - Regulators will take their first global snapshot of risks posed by hedge funds in September as part of wider efforts to police the sector more closely, a top regulatory official said on Tuesday [April 27].

The International Organisation of Securities Commissions' members will require hedge funds operating on their turf to provide 11 sets of data at the end of September. IOSCO published plans for its data "template" in February, listing the data funds and their managers will have to provide, such as the value of their long and short positions in different assets and their borrowing levels.

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Hedge Funds Face First Global Risk Check

"The next step for us is going to be is coordinating a survey of hedge funds using this template so we can try t...

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