NISM 19C Alternative Investment Fund Managers Exam Notes
Page 40 Of 154
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Risk Monitoring: Continuous monitoring ensures alignment with risk appetite.
Valuation Risk: Arises from incorrect valuation of illiquid assets.
Regulatory Risk: Non-compliance may lead to penalties or fund closure.
Counterparty Risk: Risk of default by brokers or other counterparties.
Fraud Risk: Mitigated through robust due diligence and audits.
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NISM 19C Alternative Investment Fund Managers
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