i-law

Compliance Monitor

Asset managers ordered to improve liquidity frameworks

The FCA isremindinga "minority" of asset managers that they face regulatory intervention if they do not quickly remove their "serious gaps in managing liquidity risk".

In a review of 14 firms in the sector, the regulator found that most "fell short in some aspects of their framework", eventhough some "demonstrated very high standards".

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.