Resource library search

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 its findings which indicate resilience in the financial system despite prior concerns.

The Standards Board for Alternative Investments (SBAI) and Albourne, co-chairs of the Open Protocol Working Group, have published updates to the Insurance Open Protocol (“IOP”).

The Private Fund Adviser Rule, adopted in August 2023, has been struck down in full in the U.S. Court of Appeals for the Fifth Circuit following litigation by a number of industry associations representing managers. This includes all 5 new rules and amendments to rule 206(4)-7 (policies and procedures) and rule 204-2 (recordkeeping).