LIBOR Transition Working Group Content

In December, the SEC adopted new Rule 2a-5 (the “fair value rule”) under the Investment Company Act, which addresses the fair valuation responsibilities of funds and their boards and advisers.

[33272] March 19, 2021 TO: ICI Members Accounting/Treasurers Committee SEC Rules Committee Security Valuation Operations Committee SUBJECTS: Compliance Fixed Income Securities Fund Accounting & Financial Reporting Valuation RE: SEC FAQ Addresses Rule 2a-5 Compliance Date and Effect on...

[33194] March 15, 2021 TO: ICI Members ICI Global Members LIBOR Transition Working Group SUBJECTS: Compliance Financial Stability Operations RE: LIBOR Update: ICI Submits Response to UK Treasury Consultation on Safe Harbours This week, ICI submitted a response to the HM Treasury (HMT)...

[33181] March 12, 2021 TO: ICI Members Investment Company Directors SUBJECTS: Audit and Attest Audit Committees Compliance Fund Accounting & Financial Reporting Fund Governance Intermediary Oversight Investment Advisers Operations Recordkeeping Risk Oversight Valuation RE: SEC Staff...

[33161] March 5, 2021 TO: ICI Members ICI Global Members Derivatives Markets Advisory Committee ICI Global Regulated Funds Committee LIBOR Transition Working Group SUBJECTS: Compliance Derivatives Financial Stability Operations RE: LIBOR Update: UK Financial Conduct Authority Formally...

[33147] March 2, 2021 TO: ICI Members ICI Global Members SUBJECTS: COVID-19 Cybersecurity Derivatives Disclosure Distribution ESG Exchange-Traded Funds (ETFs) Financial Stability International/Global Money Market Funds Technology & Business Continuity Valuation RE: IOSCO Releases Work...

[33145] March 2, 2021 TO: ICI Global Regulated Funds Committee LIBOR Transition Working Group RE: LIBOR Update: Draft Response to HM Treasury Consultation on Safe Harbour for Tough Legacy Legislation; Member Feedback Requested by March 10 The UK HM Treasury recently issued a...

[33110] February 17, 2021 TO: ICI Members Accounting/Treasurers Committee Bank, Trust and Retirement Advisory Committee Broker/Dealer Advisory Committee Operations Committee Securities Operations Advisory Committee Security Valuation Operations Committee Small Funds Committee Transfer...

[33108] February 16, 2021 TO: ICI Members ICI Global Members ICI Global Regulated Funds Committee LIBOR Transition Working Group SUBJECTS: Compliance Financial Stability Operations RE: LIBOR Update: UK Treasury Issues Consultation on Safe Harbor for Benchmarks Regulation The UK HM...

[33077] February 1, 2021 TO: ICI Members ICI Global Members ICI Global Regulated Funds Committee LIBOR Transition Working Group SUBJECTS: Compliance Financial Stability Operations RE: LIBOR Update: European Parliament Adopts Amendments to Benchmarks Regulation The European Union...