Consultation Paper on Liquidity Risk Management Framework for Fund Management Companies
Proposed guidance on sound practices in managing liquidity risks in CIS. The paper also proposed additional portfolio requirements for money market funds to enhance resilience to liquidity risks and ability to meet redemption requests during stressed market conditions.
Sets out the best practices that managers and approved trustees of collective investment schemes offered to retail public are expected to observe on management, operation and marketing of the schemes.
Sets out proposals to amend the CIS code to revise the calculation method for a scheme's exposure to a single party and to allow Singapore constituted schemes to invest in financial derivatives.