Managing liquidity risk is a core part of operating authorised funds, remaining high on the agenda of the FCA (with firms receiving a ‘Dear CEO’ letter in 2023 referring to the results of a thematic review).
The role of the fund board in overseeing liquidity risk management was a key focus of a recent FBC research project and we look forward to presenting and discussing our findings with you at this digital event.
FBC Senior Adviser, Brandon Horwitz, will share the findings including addressing questions such as:
- Where and when is liquidity risk discussed as part of fund board oversight activities?
- How is the fund board involved in setting policy, risk appetite and dealing with significant liquidity events?
- What assurance do fund boards receive on the effectiveness of liquidity risk management controls?
- What type of Management Information do fund boards receive on liquidity risk?
- How have firms responded to the FCA’s 2023 Dear CEO letter and thematic review?