InfoQuest (March 16, 2021) - On March 5, 2021, the Securities and Exchange Commission Office (SEC) held a special meeting with senior executives of major asset management companies to discuss policies, regulations and management tools regarding capital liquidity, so as to better manage capital liquidity and protect the interests of investors.
The global debt market and securities market saw violent fluctuation about by the COVID-19 outbreak in March 2020, which caused regulators of multiple countries to introduce new policies to enhance liquidity.
SEC realized that asset management companies urgently need to improve the efficiency and level of liquidity risk management and relevant measures were voted through at the 17th/2563rd meeting of SEC held on October 20, 2020.
On the meeting, SEC exchanged views with senior executives on a number of issues.
SEC also put forward some ideas and suggestions on liquidity management policies, fund liquidity management tools, and liquidity risk management.
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