Thematic Review of IOSCO Liquidity Risk Management Recommendations and IOSCO-FSB Analysis of Open-Ended Fund Liquidity during the Market Stresses of 2020

Alternative Investment Funds (AIF)

Date: 01 April 2021

On 5 March 2021, IOSCO launched its Thematic Review of the Recommendations for Liquidity Risk Management for Collective Investment Schemes issued by IOSCO in 2018.

Alongside the Thematic Review, IOSCO and the Financial Stability Board (FSB) are currently conducting a Joint Analysis of the availability, use and impact of liquidity risk management tools for open-ended funds during the COVID-19 induced market stresses.

To inform both the Thematic Review and the Joint Analysis, IOSCO issued a Market Participants’ Survey. The Market Participants’ Survey is specifically designed to collect information from responsible entities both (i) on their adoption and practical implementation of the Recommendations as well as (ii) specific targeted information on their liquidity risk management practices and experiences during the March 2020 market turmoil.

More information is available here.

Participation by Markets Participants to the Survey is being undertaken on a voluntary basis. Individual responses will remain confidential and will be used only in anonymized and/or aggregated format. The survey closes on Friday 16 April 2021 and can be accessed and downloaded through the following link: Market Participants’ Survey.