The GIPS Standards Expand to Sri Lanka
The GIPS Executive Committee is pleased to announce that CFA Sri Lanka has been endorsed as the official sponsor of the Global Investment Performance Standards (GIPS) in Sri Lanka. This country sponsor endorsement represents the 32nd country to join the global partnership to develop and promote the GIPS standards. Administered by CFA Institute, the success of the GIPS standards is the result of an alliance of sponsors across Europe, North America, Asia-Pacific, and Africa. These key industry groups contribute significantly to promoting and developing the GIPS standards. (To view all groups involved in GIPS promotion and development, visit our website.)
Dr. Stefan J. Illmer, chair of the GIPS Executive Committee and Director, Head of Client Reporting at Credit Suisse, announced the endorsement of the Sri Lanka Country Sponsor at the GIPS Executive Committee meeting held on 18 November 2009.
Jonathan Boersma, CFA, executive director of the GIPS standards commented, “The GIPS Executive Committee is pleased to have CFA Sri Lanka share the important role of promoting the GIPS standards by becoming a GIPS Country Sponsor. Their participation demonstrates a strong commitment to promoting global best practices.”
For more information about the GIPS standards, visit www.gipsstandards.org.
About the GIPS Executive Committee
The GIPS Executive Committee serves as the decision-making body responsible for the development and implementation of the GIPS standards. It also promotes the adoption and implementation of the GIPS standards throughout the world as the common method for calculating and presenting investment performance.