MFA

MFA is proud to unveil the next evolution of its brand. The modernized look reflects MFA's development into the leading, global association representing the alternative asset management industry. MFA’s mission remains unchanged – to advance the ability of alternative asset managers to raise capital, invest, and generate returns for their beneficiaries. This new brand celebrates MFA’s journey and positions MFA for success in the ever-evolving regulatory and investment landscapes. Explore more at MFAalts.org

MFA encouraged the Basel Committee on Banking Supervision to adopt flexible, risk-based guidelines for counterparty credit risk management to better accommodate the diverse strategies of private funds and support market efficiency in a comment letter today. The letter highlights that the rigid approach in the proposed guidelines lacks nuance and would impede a bank’s ability to tailor its risk management to individual counterparties in a manner that best minimizes risk.   Read more: https://lnkd.in/gc7tHEut

MFA supported an ESMA proposal to enhance access to market data access in a comment letter today. The letter supports measures in the ESMA proposal that make the pricing of market data more transparent and subject to regulatory scrutiny. Read more: https://lnkd.in/eivH-bZf

MFA submitted a comment letter to the European Securities and Markets Authority (ESMA) calling for the swift implementation of a Consolidated Tape (CT) in the EU. The letter highlights the need for a CT to be properly structured so that it improves access to timely and accurate market data.   Read more: https://lnkd.in/eyZMbK-W

MFA recommended the Fed adopt a flexible, risk-based approach to its bank lending reporting requirements in a comment letter submitted today. MFA supports the Fed’s goal of protecting the banking system but cautions against one-size-fits-all reporting requirements that could lead to irrelevant data collection that is overly burdensome for banks and their counterparties, including private funds.   Read more: https://lnkd.in/eD_u-Rfx

Don't miss the opportunity to attend MFA Ops: Data, Tech and AI 2024 on October 23 in New York!   We are thrilled to have an exceptional agenda focused on the rapidly evolving landscape of data management, operations, security, and technology. Program topics will include: ➡ AI ➡ Cybersecurity ➡ Vendor management ➡ Regulatory landscape Learn more and register today: https://lnkd.in/gErxWvad

MFA recommended that the Fixed Income Clearing Corporation (FICC) withdraw its proposal mandating all FICC members clear eligible Treasury transactions with FICC in a comment letter today. The proposal will create an anti-competitive monopoly that increases concentration risks, harms competition, and raises costs in Treasury clearing. Read more: https://lnkd.in/e8295vPw

MFA issued a statement from Jillien Flores, Head of Global Government Affairs, in response to the Financial Conduct Authority’s appointment of consultants to analyze potential designs for a Consolidated Tape (CT) for equities in the UK. Read more: https://lnkd.in/eMFNV4Yx

Idaho’s foundations and nonprofits have increased their investments in hedge funds by 549% since 2020. Today that’s a total of $552 million. Learn more about how hedge funds deliver for Saint Alphonsus Medical Group and other Idaho organizations at Investing in Opportunity: https://lnkd.in/ejgapNDw

MFA submitted a comment letter today to the Treasury Department with four recommendations for regulators to consider as they establish rules regarding the use of AI rules in financial services. MFA’s recommendations aim to protect both markets and investors while encouraging innovation, competition, and the ability of alternative asset managers to generate returns for their investors, including pensions, foundations, and endowments.   Read more: https://lnkd.in/eDJt7YDj