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Matthias Knab, Opalesque for New Managers:

IOSCO has today published a Consultation Report seeking feedback on its revised recommendations for Liquidity Risk Management for Collective Investment Schemes (CIS), especially for open-ended funds. IOSCO is also consulting on complementary Guidance for the Effective Implementation of the Recommendations for Liquidity Risk Management.

Effective liquidity risk management is crucial for protecting investors, maintaining orderly markets and reducing systemic risk.

Jean-Paul Servais, Chair of IOSCO's Board and Chairman of the Belgium Financial Services & Markets Authority (FSMA), said: "Today marks another landmark in our commitment to strengthening the stability and resilience of the investment fund sector, which builds on IOSCO's close collaboration with the FSB following the release of their revised recommendations and guidance on anti-dilution liquidity management tools last year".

Originally published in 2018, IOSCO's Liquidity Risk Management (LRM) Recommendations were published in response to the FSB's 2017 Policy Recommendations to Address Structural Vulnerabilities from Asset Management Activities that aimed to address structural vulnerabilities from liquidity mismatch in open-ended funds. Today's Revised LRM Recommendations take into consideration the FSB's revised Recommendations to Address Struct......................

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