Jurisdictions have not finished implementing Basel III reforms to mitigate spillovers between banks and non-bank financial entities.
January 19, 2023Open-ended funds with illiquid assets should only be allowed to offer daily dealing if they use tools that pass on redemption costs to redeeming investors.
December 16, 2022IOSCO's 2018 recommendations to strengthen liquidity risk management practices in open-ended funds are "broadly well implemented".
November 19, 2022A new regulated activity (RA 13) will be introduced which will subject trustees and custodians of public funds to licensing requirements and ongoing regulatory supervision.
February 23, 2022A letter to the G20 ministers from the FSB focuses on work to develop a more resilient NBFI sector and address challenges in cross-border payments.
October 12, 2021Measures proposed in a new IMF staff paper include enhanced liquidity management tools, redemption frequency limits, and the use of swing pricing to disincentivise early exits.
September 22, 2021Covid-19 may yet test the resilience of the global financial system, as lenders could still face additional losses as support measures are unwound, the FSB warns.
July 14, 2021IOSCO is asking asset managers to participate in a survey on their liquidity risk management practices and experiences during the March 2020 market turmoil.
March 8, 2021The work programme includes initiatives to strengthen NBFI resilience, enhance cross border payments, and address climate change, among other priorities.
January 21, 2021The FSC will cap illiquid investments at 50% for open-ended funds, require them to conduct regular stress tests, raise transparency of complex fund structures, and enhance supervisory monitoring.
February 15, 2020