Practitioners and scholars navigate the evolving challenges posed by donor-advised funds. Donor-advised funds (DAFs) held nearly $230 billion in assets and distributed around $52 billion to charities as of 2022. According to the National Philanthropic Trust, DAFs have increased by 400 percent over the last decade. A donor-advised fund is a philanthropic vehicle established and
China’s new financial regulator has made fresh pledges to increase regulatory transparency, stability and predictability, the latest of several attempts to restore investor confidence following a stock meltdown and high-profile personnel changes. The country will benchmark its financial policies against international rules and reduce restrictive measures to make itself more open and integrated with the
LONDON (Reuters) – The European Union’s 1.1 trillion euro ($1.19 trillion) real estate funds sector faces multiple risks related to leverage, valuations and liquidity, requiring “stepped up monitoring”, the bloc’s securities watchdog ESMA said on Tuesday. “ESMA confirms the risks posed by real estate (RE) funds, in a context of declining volumes of transactions and