Quick Find:
  • News
  • ICMA AMIC responds to IOSCO consultations on investment fund liquidity risk management
ICMA AMIC responds to IOSCO consultations on investment fund liquidity risk management
18 September 2017 AMIC responded to IOSCO’s consultations on (1) CIS Liquidity Risk Management Recommendations and (2) Report on Open-ended Fund Liquidity and Risk Management – Good Practices and Issues for Consideration.

AMIC broadly agrees with the suggested amendments to IOSCO’s 2013 liquidity risk management recommendations. However, AMIC suggests some amendments to the recommendations to bring them in line with current market practice. Furthermore, AMIC counsels caution on stress tests, which can be misleading particularly on a systemic level. AMIC also welcomes the report on best practices on fund liquidity risk management, which helpfully references AMIC’s joint report with EFAMA on liquidity risk management.

The responses can be found here:
(1) AMIC response to IOSCO Consultation on CIS Liquidity Risk Management Recommendations
(2) AMIC response to IOSCO Consultation Report on Open-ended Fund Liquidity and Risk Management – Good Practices and Issues for Consideration


ICMA AGM & Conference 2018

ICMA Executive Education