The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has released proposed guidance for Managed Investment Scheme (MIS) managers and their supervisors for effective liquidity risk management (LRM). Effective LRM is essential to reduce the risk of investor harm when there are significant fund redemption requests. Poor LRM in those circumstances may force an investment manager to sell less liquid assets, like some types of property investment, for whatever price they can get, which impacts the return of all fund investors.

https://www.miragenews.com/fma-seeks-feedback-on-proposed-liquidity-risk-1094385/

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