Planning for tighter liquidity risk management rules

Problematic valuations have heightened need for liquidity

Liquidity risk management has been in the headlines recently, driven by regulatory concerns that another liquidity crisis similar or worse than the one endured in 2008 is inevitable.

ESMA has been the key proponent in Europe publishing various notices including new Liquidity Stress Testing Guidelines that come into effect on 30 September this year requiring fund managers operating...