Domestic

Central Bank of Ireland (CBI) liquidity management tools thematic review

The CBI sent their phase 2 liquidity management tools survey to all fund management companies, with the aim of better understanding the liquidity management tools that support the liquidity risk management functions for the firms it supervises.

European

ESMA AIFMD Q&A

ESMA published two updates to its Q&A on the application of AIFMD.

MMF stress testing update

ESMA published the final report on its guidelines on stress test scenarios under the Money Market Funds Regulation. The updated guidelines will apply two months after the translations are published on the ESMA website.

IOSCO consults on liquidity risk management for CIS, including OEFs

IOSCO published a consultation report seeking feedback on its revised Recommendations for Liquidity Risk Management for Collective Investment Schemes, with a focus on open-ended funds. IOSCO also published a consultation on complementary guidance for the effective implementation of the recommendations for liquidity risk management. Consultations are open until 11 February 2025.

For more information on these topics please contact any member of A&L Goodbody's Asset Management & Investment Funds team.

This publication provides an overview of certain legal and regulatory developments that may be of interest to certain entities. It does not purport to provide analysis of law or legal advice and is strictly for information purposes only.