ESMA tells fund managers to improve readiness for future adverse shocks
Funds
Date:
23 November 2020
On 13 November 2020, the European Securities and Markets Authority (ESMA) published
a Report on the preparedness of investment funds with significant exposures to corporate debt and real estate assets, for potential future adverse liquidity and valuation shocks. The Report identifies five priority areas for action which would enhance the preparedness of these fund categories.