According to ESMA’s estimates of UCITS and AIF exposures, only a few funds with daily liquidity pose a greater risk.
The Comisión Nacional del Mercado de Valores (CNMV) wants to gain efficiency in the authorisation process of asset management and investment services firms in Spain.
Asset managers sulk last May's reform of local long-term individuals savings plans.
The European Securities and Markets Authority (ESMA) has developed a framework for stress simulations for the investment fund sector, applying it to 6,000 UCITS bond funds as a case study.
Spanish socialist party PSOE seeks support from the radical left-wing party for the investiture of Pedro Sánchez as Spanish government president.
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.
SFC has called on local open-ended fund managers to better monitor their liquidity risks.
Nicolas Véron, senior fellow at European think-tank Bruegel and the Peterson Institute for International Economics, analyses the SRB’s sole resolution and the likeliness of a reversal by the Court of Justice of the European Union.
Two of the five financial regulation agencies yesterday greenlighted the revision of this rule, which banks proprietary investment.