The CFA Institute is proposing to MANDATE, REQUIRE, COMPEL firms that claim compliance with the GIPS standards to submit information regarding their firm to them on an annual basis.
To say the least, I am seriously concerned by this idea.
You can learn about it by going here. It's a fairly non-intuitive process to (a) get to the details behind what they propose and (b) to submit your thoughts.
I will offer a fairly detailed explanation of what this is, as well as my candid views on it in this month's newsletters. Suffice it to say, I STRONGLY disapprove.