The information paper sets out MAS’ supervisory expectations of effective liquidity risk management (LRM) frameworks and practices and includes key findings from thematic liquidity inspections and review of prospectuses, which focused on collective investment schemes (CIS) offered to retail investors. The areas covered include Governance, Initial Design of Product, Ongoing LRM and Stress Testing.
For the full details, please refer to https://www.mas.gov.sg/publications/monographs-or-information-paper/2023/strengthening-liquidity-risk-management-practices-for-fund-management-companies
Some of the key points in the information paper are highlighted in the following.
Disclaimer: The information, views or opinions expressed are provided for general information and should not be relied upon as legal or professional advice.