
Explanation:
The GIPS standards aim to foster industry self-regulation globally, ensuring consistency and transparency in performance reporting. Option A is incorrect because the focus is on investor interests, not regulators. Option C is incorrect as the goal is to establish a single, universally accepted standard, not multiple local ones. Compliance with GIPS benefits investors by providing reliable performance data and enhances the credibility of investment firms.
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The objectives of the GIPS standards include:
A
Advancing the interests of financial regulators.
B
Encouraging global industry self-regulation.
C
Achieving recognition of various local standards for precise performance reporting.