HFSB Mission The HFSB's mission is to promote the Standards through engagement in the following areas: - Collaboration with managers and investors: the HFSB brings together managers and investors as a joint force in the HFSB process to determine how the hedge fund industry should operate, as they are the best economic agents to embrace and endorse the improvements the HFSB seeks to achieve.
- Supervisory engagement: the HFSB actively engages with the supervisory community so that regulation reflects how the industry works and the Standards reflect the public policy requirements.
- International dimension: the hedge fund industry and its clients operate globally, therefore, the Standards have undergone a few amendments to be more internationally applicable. Many of the HFSB stakeholders are international with major investors representing North America and Asia.
- Improving the Standards: the Standards are regularly reviewed to ensure that they demonstrate a good industry standard, remain relevant and are in tune with legitimate public policy requirements just as they are with evolving industry practice.
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