Guidelines
Published Date: 16 August 2018

Guidelines on Liquidity Risk Management Practices for Fund Management Companies [SFA 04-G08]

Guides fund managers on sound liquidity risk management practices in fund structures.

These guidelines apply to licensed and registered fund management companies (FMCs).

They provide guidance on sound liquidity risk management practices that FMCs should consider and adopt. They include the use of liquidity management tools and stress testing, to manage the risk mismatches in the liquidity profile of the assets and the redemption terms in collective investment schemes managed by FMCs.