G20 regulators have proposed a host of measures aimed at overcoming "structural vulnerabilities" across the $76trn global asset management industry.
In a paper titled Proposed Policy Recommendations to Address Structural Vulnerabilities from Asset Management Activities, the regulators make 14 recommendations for overcoming present risks to financial stability. There recommendations have been issued by the Financial Stability Board (FSB), which coordinates regulation for the G20, and will be implemented over two years from the end of 2017, following a public consultation which closes on 21 September 2016. BoE: 'System-wide' stress tests needed to assess funds' liquidity risks The measures centre around liquidity mismatches betwe...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes