SVB Failure - Key Lessons for Institutional Investors

The SBAI supports the latest efforts by the regulators to understand and address any potential risks emanating from non-bank financial institutions (NBFI) and welcomes findings which indicate resilience in the financial system despite prior concerns.

The SBAI supports efforts to enhance data collection regarding the banking sectors’ exposure to non-bank financial institutions (NBFI).

Our initial assessment of the SEC's Private Fund Adviser Rule[1] is that while there is less prohibition and more disclosure, it remains overly prescriptive. While some controversial aspects in the original proposal have been modified, the rules will bring significant changes to the regulation of Private Fund Advisers that may still fail to address the root of governance failures.

Thomas Deinet, SBAI Executive Director, joins William Kelly, CEO of CAIA, to discuss the fascinating journey of the SBAI and its mission to establish industry-wide standards. He also explores the pressure faced by the hedge fund industry during the financial crisis and the importance of transparency and collaboration in improving industry practices.

Systemic risk concerns have been amplified lately by significant market events. SBAI's Standards and Tools can help mitigate some of these concerns.