IOSCO: Recommendations for liquidity risk management for collective investment schemes
IOSCO has published its recommendations to entities responsible for managing the liquidity of CIS to ensure that liquidity is managed to safeguard and protect the interests of investors, including in stressed market conditions. It also sets out additional guidance to securities regulators to promote good liquidity management practices for CIS. This replaces the liquidity risk management framework contained in IOSCO´s 2013 report Principles of Liquidity Risk Management for Collective Investment Schemes.
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