Resources for Fund Directors Amid COVID-19 Crisis
The MFDF aims to keep fund directors up to date on relevant regulatory and business topics during the global health crisis. The following list of resources provides information on regulatory relief and guidance, commentary on legal, strategic and governance matters, as well as asset management industry news.
MFDF WEBINAR: Challenges for Fund Boards in Light of COVID-19
The Forum has recorded a webinar with leading Dechert lawyers to highlight some of the key issues that require director attention during the global pandemic. The webinar addresses liquidity oversight, NYSE trading disruptions, SEC relief to assist funds and advisers, and money market fund issues. The webinar recording is available here.
Current Board Priorities: Valuation Rule and COVID-19 Considerations: https://www.mfdf.org/events-webinars/resource/webinar-archive-current-board-priorities-valuation-rule-and-covid-19-considerations
Money Market Funds - Uncertainty, Intervention, and the Road Ahead: https://www.mfdf.org/events-webinars/resource/webinar-archive-money-market-funds---uncertainty-intervention-and-the-road-ahead
Audit Committee Considerations in the Current Environment: Accounting and Reporting, Tax, and Remote Operations: https://www.mfdf.org/events-webinars/resource/webinar-archive-audit-committee-considerations-in-the-current-environment-accounting-and-reporting-tax-and-remote-operations
Closed-End Funds: Offering Reform and COVID-19 Considerations: https://www.mfdf.org/events-webinars/resource/webinar-archive-CEF-offering-reform--covid-19
The New Work from Home Environment: https://www.mfdf.org/events-webinars/resource/webinar-archive-the-new-work-from-home-environment
Planning Effective Virtual Meetings: https://www.mfdf.org/events-webinars/resource/webinar-archive-effective-virtual-board-meetings
Forum News Feed Items
Diversity and Recruiting Amid Pandemic
Industry Assessing Return to Office Strategies
In-Person Meeting Relief Extended to Dec. 31, 2020
Industry Watchers See Increased Risk of Fraud and Insider Trading
What We are Hearing: How Fund Directors are Improving Virtual Meetings
Succession Planning Amid Crisis
Vedder Price Looks Ahead for Boardroom Topics
ACA Guidance on Safe and Effective Virtual Meetings
How to Think About Mergers Now
Auditors Grapple with Distancing Challenges
Firms Urged to Keep Disclosures Current
Data Protection, Cybersecurity Top of Mind for Boards
Will Pandemic Slow LIBOR Transition?
Work-from-Home Reality Challenges Parts of Industry
SEC Extends Relief to Funds, Advisers
Temporary Relief Permits Funds to Obtain Short-Term Funding
Market Upheaval Puts Money Market Funds in Spotlight
IM Division Extends No-Action Relief on In-Person Meetings Through June 15, 2020
K&L Attorneys Suggest Oversight Strategies Amid Virus Crisis
Broader Oversight Considerations for Boards
SEC and other Regulatory Relief
SEC- https://www.sec.gov/Coronavirus
FINRA - https://www.finra.org/rules-guidance/key-topics/covid-19
IRS - https://www.irs.gov/coronavirus
DOL - https://www.dol.gov/coronavirus
Law Firm Commentary
SEC Relief Chart - Simpson Thacher lawyers handily summarize pandemic-related SEC relief and how the relief affects registered funds, closed-end funds and BDCs.
Dechert - https://www.dechert.com/knowledge/hot-topic/coronavirus-business-impact.html
Faegre Drinker - https://www.faegredrinker.com/en/insights/topics/coronavirus-covid-19-resource-center#!#Explore%20the%20Resource%20Center
Ropes & Gray - https://www.ropesgray.com/en/coronavirus
Stradley Ronon - https://www.stradley.com/insights/publications/covid19-resource-center
Willkie Farr & Gallagher - https://www.willkie.com/content/covid-19-resource-center
Consultant and Service Provider Viewpoints
PwC- https://www.pwc.com/gx/en/issues/crisis-solutions/covid-19/asset-wealth-management.html
EY - https://www.ey.com/en_gl/webcasts/covid-19
KPMG - https://www.kpmg.us/insights/2020/covid-19-resilience-readiness.html
Broadridge - https://www.broadridge.com/resource/covid-19
ACA Compliance - https://www.acacompliancegroup.com/tags/covid-19-resources