{"id":8966,"date":"2008-10-27T00:00:00","date_gmt":"2008-10-27T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"uk-hedge-fund-managers-recieve-aimas-latest-capital-adequacy-guidance-update","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/uk-hedge-fund-managers-recieve-aimas-latest-capital-adequacy-guidance-update.html","title":{"rendered":"UK Hedge Fund Managers Recieve AIMA&#8217;s Latest Capital Adequacy Guidance Update"},"content":{"rendered":"<div class=\"feedflare\">West Palm Beach (HedgeCo.net) &#8211; Global representative association for the hedge fund industry, the Alternative Investment Management Association (AIMA), has issued updated guidance to its members on how to implement an Internal Capital Adequacy Assessment Process.<\/div>\n<div class=\"feedflare\">\n<p>&quot;The hedge fund industry has embraced the capital adequacy debate proactively and the sophisticated risk management techniques undertaken by hedge funds make this framework possible,&quot; Andrew Baker, AIMA&rsquo;s Deputy Chief Executive, said, &quot;Hedge fund managers employ progressive business management techniques and we are fortunate to be able to draw on the expertise of leading advisers from the industry to guide our membership on how to most effectively implement this process.&quot; <\/p>\n<\/div>\n<div class=\"feedflare\">\n<div class=\"feedflare\">\n<div class=\"feedflare\">AIMA&rsquo;s ICAAP Guidance Note &ndash; originally published in July 2007 &#8211; has been revised to address issues that have been identified now that firms and the FSA have gained more practical experience of the ICAAP; and to include examples of the processes that have been implemented by firms to date.<\/div>\n<div class=\"feedflare\"><\/div>\n<div class=\"feedflare\">\n<div class=\"feedflare\">The Guidance Note was produced by an AIMA-led ICAAP Working Group, consisting of industry experts from compliance advisory, auditing and law firms.&nbsp; <\/div>\n<div class=\"feedflare\"><\/div>\n<div class=\"feedflare\">\n<div class=\"feedflare\">Members of the group include:&nbsp; John Griffiths of MMS Regulatory Solutions; Stephen Burke of IMS Consulting Ltd; Uner Nabi of Deloitte and Touche LLP; Philip Niel of FIM Advisers LLP; Sarah Nowell of Ernst &amp; Young LLP; Fiona Raistrick of BDO Stoy Hayward LLP; and Matthew Jones of the AIMA Regulatory and Tax Department.<\/div>\n<div class=\"feedflare\"><\/div>\n<div class=\"feedflare\">\n<div class=\"feedflare\">\n<div class=\"feedflare\">\n<div class=\"feedflare\">Alex Akesson <\/div>\n<div class=\"feedflare\">\n<div class=\"feedflare\">\n<div class=\"feedflare\">\n<div class=\"feedflare\">\n<div class=\"feedflare\">\n<p>Editor for HedgeCo.Net<br \/>Email: <a href=\"mailto:alex@hedgeco.net\"><u>alex@hedgeco.net<\/u><\/a><\/p>\n<p>HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on <a href=\"..\/news\/10\/news\/10\/news\/10\/news\/09\/news\/09\/news\/09\/news\/09\/news\/09\/news\/09\/news\/08\/news\/08\/news\/08\/news\/08\/news\/08\/news\/04\/news\/04\/news\/01\/\" target=\"_self\"><u>www.hedgeco.net<\/u><\/a> is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds! <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>West Palm Beach (HedgeCo.net) &#8211; Global representative association for the hedge fund industry, the Alternative Investment Management Association (AIMA), has issued updated guidance to its members on how to implement an Internal Capital Adequacy Assessment Process. &quot;The hedge fund industry [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2692,457,3409,100,67,456,110,3410,3407,3408],"class_list":["post-8966","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-advisory-services","tag-alternative-investment-management-association","tag-binding-rules","tag-boston","tag-chief-executive","tag-collectibles","tag-due-diligence-service","tag-industry-stakeholders","tag-portola-valley-california","tag-royal-patronage"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8966"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8966\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}