Consultation on draft guidelines on liquidity stress test for investment funds

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Type of event
Consultation
Section
Fund Management
Details

Responding to this paper

ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in section 5. Comments are most helpful if they:

  • respond to the question stated;
  • indicate the specific question to which the comment relates;
  • contain a clear rationale; and
  • describe any alternatives ESMA should consider.

ESMA will consider all comments received by 1 April 2019.

All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input - Consultations’.

Publication of responses

All contributions received will be published following the close of the consultation, unless you request otherwise.  Please clearly and prominently indicate in your submission any part you do not wish to be publicly disclosed. A standard confidentiality statement in an email message will not be treated as a request for non-disclosure. A confidential response may be requested from us in accordance with ESMA’s rules on access to documents. We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by ESMA’s Board of Appeal and the European Ombudsman.

Data protection

Information on data protection can be found at www.esma.europa.eu under the heading Legal Notice.

Who should read this paper

The main stakeholders to whom these guidelines would apply are managers of UCITS and EU AIFMs as well as EU depositaries overseeing UCITS and EU AIFs. The paper will also be of interest to trade associations, investors and consumer groups relating to UCITS and EU AIFs.

 

Activity Institution Download
Asset Management ESMA
  • 50821
Asset Management ESMA
  • 50822
Asset Management ESMA
  • 50824
Others ESMA
  • 50836
Asset Management ESMA
  • 50845
Others ESMA
  • 50851
Others INREV - European Association for Investors in Non-Listed Real Estate Vehicles
  • 50891
Asset Management ICMA’s Asset Management and Investors Council (AMIC)
  • 50892
Asset Management AFG
  • 50902
Asset Management Amundi AM
  • 50932
Asset Management ASPIM
  • 50933
Asset Management Vereinigung österr. Investmentgesellschaften
  • 50936
Asset Management BlackRock
  • 50939
Insurance and Pension German Insurance Association (GDV)
  • 50940
Asset Management Legal & General Investment Management Limited
  • 50941
Issuers The Association of Investment Companies
  • 50944
Investment Services Depositary and Trustee Association (DATA)
  • 50945
Asset Management AFTI
  • 50946
Asset Management Association of the Luxembourg Fund Industry (ALFI)
  • 50955
Banking Deutsche Bank
  • 50956
Asset Management BVI
  • 50957
Asset Management AIMA
  • 50985
Asset Management ASSOGESTIONI
  • 50963
Banking German Banking Industry Committee
  • 50966
Asset Management Vanguard Asset Management Ltd.
  • 50968
Asset Management Invesco
  • 50972
Asset Management The Securities Industry and Financial Markets Association - Asset Management Group
  • 50973
Investment Services State Street
  • 50975
  • 51070