We recently launched this new initiative for our Signatories and Investor Chapter members to provide opportunities to network with peers combined with educational content. Each community is global and can be an important supplement to existing local networks and an extension of internal teams when exploring new ideas or processes.

The reporting of Stress Test Results in the Open Protocol (OP) Risk Reporting Template has been updated to allow for both gross and net reporting. This is to ensure that managers do not fall foul of the amended SEC Marketing Rule. The update is reflected in the OP Manual, there have been no changes to the OP reporting template (xls/xml).

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