Funds and asset management regulatory news, 15 March 2021

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Funds and asset management regulatory news, 15 March 2021

FIG Bulletin

15 March 2021

Selected regulatory updates of interest to the funds and asset management sector. This edition reports on IOSCO's review of its recommendations for liquidity risk management for collective investment schemes. See also our Related Materials links for regulatory updates of broad application.

Collective investment schemes: IOSCO workstreams on liquidity risk management

The International Organization of Securities Commissions (IOSCO) has launched a thematic review on the implementation in member regulatory frameworks of its Recommendations for Liquidity Risk Management for Collective Investment Schemes. The review will also gather information on how the recommendations are implemented by firms in practice. The thematic report is expected to be published in Autumn 2022.

IOSCO has also announced that, together with the Financial Stability Board, it is conducting an analysis on the availability, use and impact of liquidity risk management tools for open-ended funds.

To inform both the thematic review and the joint analysis, IOSCO has issued a voluntary market participants' survey. The survey closes to responses on 16 April 2021.