Supervisory examination of investment funds

ESMA and NCAs find room for improvement in fund liquidity stress tests


ESMA, together with the competent national authorities, has conducted a supervisory review of investment funds. The results show that the funds under investigation do not pose a material risk to financial stability.

The results show that the funds under review do not pose a material risk to financial stability. While the overall level of compliance is satisfactory, some room for improvement and continued monitoring is also evident, particularly in the liquidity stress tests and valuation of less liquid assets. 

Further information can be found at this link.