Press release

ESRB and IOSCO publish recommendations for investment funds

Press release 18/08

The CSSF would like to inform industry participants that the following reports in relation to investment funds have been published:

a) On 1 February 2018, the International Organization of Securities Commissions (IOSCO) issued recommendations as well as good practices for liquidity risk management for collective investment schemes.

IOSCO’s press release and the reports can be found on IOSCO’s website under the following links:

b) The European Systemic Risk Board (ESRB) on 14 February 2018 published a recommendation, dated 7 December 2017 and addressed to the European Commission and ESMA, regarding liquidity and leverage risks in investment funds.

The press release and the recommendation are available on ESRB’s website under the following links: