UK to consider curbs on funds’ daily liquidity

Mark Carney
Mark Carney
Photo: Simon Dawson/Bloomberg

UK regulators will consider whether to take unilateral action to curb daily redemptions at some investment funds, as the Bank of England complains of inadequate progress at the global level.

The BoE said today (July 11) it would work with the UK’s Financial Conduct Authority to investigate how funds’ redemption terms “might be better aligned” with the liquidity of their underlying assets.

Regulators are concerned that funds invested in illiquid and risky assets could pose a financial stability

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: