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Aki Corsoni-Husain
Aki Corsoni-Husain
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George Apostolou
George Apostolou
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Jermaine Case
Jermaine Case
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Chiara Deceglie
Chiara Deceglie
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Massimiliano della Zonca
Massimiliano della Zonca
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Philip Graham
Philip Graham
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Ayana Hull
Ayana Hull
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Katerina Katsiami
Katerina Katsiami
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Andrew Knight
Andrew Knight
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Evi Koutsioumpa
Evi Koutsioumpa
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Joshua Mangeot
Joshua Mangeot
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Mirza Manraj
Mirza Manraj
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Elina Mantrali
Mirza Manraj
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Vanessa Molloy
Vanessa Molloy
  • Vanessa Molloy

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Andrea Moundi Savvides
Andrea Moundi Savvides
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Marina Stavrou
Marina Stavrou
  • Marina Stavrou

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Matt Taber
Matt Taber
  • Matt Taber

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  • Cayman Islands
Carolynn Vivian
Carolynn Vivian
  • Carolynn Vivian

  • Senior Associate
  • Cayman Islands

ESMA strengthens liquidity stress tests for investment funds

On 2 September 2019, The European Securities and Markets Authority (ESMA) published its final guidance regarding liquidity stress tests of investment funds, applicable to both Alternative Investment Funds (AIFs) and Undertakings for the Collective Investment in Transferable Securities (UCITS). 

The guidelines will become applicable on 30 September 2020. The requirements set out in the guidelines are supplementary to the requirements on liquidity stress testing which are enshrined in the AIFMD and UCITS Directives and are already applicable.

The final guidance report can be found here.

ESMA’s news release can be found here.