Member summary note: ESRB recommendations on liquidity and leverage
Published: 27 February 2018
AIMA and the Alternative Credit Council have prepared a summary note for members on the European Systemic Risk Board (ESRB) Recommendation on liquidity mismatches and the use of leverage in investment funds. The Recommendation focuses on five areas where the ESRB sees a need to provide supervisory authorities with guidance on applying macroprudential elements of the current regulatory framework and/or for legislative changes to be made.
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