Don’t let valuations cost you a reputational fortune

As the Senior Managers and Certification Regime extends its reach across the financial service sector, the valuation function must be delegated carefully into qualified hands. By Ryan McNelley and Jane Stoakes.

Ryan McNelley (ryan.mcnelley@duffandphelps.com) is managing director, portfolio valuation, and Jane Stoakes (jane.stoakes@duffandphelps.com) is director, compliance and regulatory consulting, at Duff & Phelps.

Hedge funds and wealth managers readying themselves for the extension of the Financial Conduct Authority’s new accountability regime will undoubtedly be busy with their preparations ahead of the December implementation deadline.