IOSCO Publishes Principles for the Valuation of Collective Investment Schemes

The Board of the International Organization of Securities Commissions has published the final report on Principles for the Valuation of Collective Investment Schemes. The principles are intended to provide a framework for both industry practitioners and regulators to analyze the quality of regulation and industry practices regarding CIS valuation.

The primary objective underpinning the CIS valuation principles is that all investors should be treated fairly. In keeping with this goal, the principles emphasize the importance of independent oversight in the establishment and application of policies and procedures in order to overcome the conflicts of interests faced by CIS operators.

Originally Published: 
03/05/2013