MFDF Publication: Role of the Fund Director in the Oversight of the Risk Management Function

MFDF, in collaboration with Deloitte, is pleased to release its updated white paper, “Role of the Fund Director in the Oversight of the Risk Management Function.” Developed by a working group of fund directors and senior legal, compliance and risk management industry professionals, this updated resource reflects the growing complexity of the investment landscape and reaffirms the critical role that independent directors play in supporting strong risk frameworks in the registered fund landscape. The updated white paper outlines the risk management roles and duties of fund directors, discusses sample risk management program elements and practices, and provides an overview of specific areas of existing and emerging risks that impact the investment management industry. The white paper also provides an overview of evolving risk areas including artificial intelligence, fund operations and human capital.

Click here to read the MFDF white paper, “Role of the Fund Director in the Oversight of the Risk Management Function.”