ESMA stress tests for fund managers mandatory from 2020

Europe
On the 09.03.19 at 7:33AM

by

Tuba Raqshan

European Securities and Markets Authority (ESMA) has published its final guidelines on liquidity stress tests of investment funds (AIFs and UCITS), which will become applicable on 30 September 2020.
Bloomberg

ESMA guidelines mandate fund managers to stress test the assets and liabilities of the funds they manage, including redemption requests by investors – one of the primary sources of liquidity risk that can affect financial stabili

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