FCA and BoE launch joint survey for open-ended funds review
Industry News | 26/08/20
The Financial Conduct Authority has updated its ‘Coronavirus: Information for firms’ webpage to announce the launch of a survey for the joint Bank of England and FCA review of liquidity mismatch in open-ended funds. The survey was postponed in March 2020 due to the coronavirus pandemic, however the Financial Policy Committee recently supported the resumption of this work. Asset managers included in the survey are being asked to respond to the questions on a best-effort basis by 30 September 2020.