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FCA tells LDI managers to overhaul risk systems ‘as matter of urgency’
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The Financial Conduct Authority said asset managers must carry out robust stress tests and bolster risk management "as a matter of urgency" following last year's meltdown in the liability driven investment market.
The City's watchdog published guidance for asset managers to "enhance the resilience" of the LDI market on 24 April, after some...
Read more on fnlondon.comAbout this in other media
London’s listings overhaul risks letting in ‘trainer-wearing ruffians’ fnlondon.com /1 year ago
Stock market reforms would ‘pass greater risk to investors’, FCA says theguardian.com /1 year ago
FCA’s plan for stock market reform is both depressing and pragmatic theguardian.com /1 year ago
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