Financial Stability Content

The Investment Company Institute submitted a Comment Letter to the Financial Stability Board supporting their consultation on the Format for Incident Reporting Exchange (FIRE). Read more in the comment letter.

On August 12, 2024, ICI submitted a comment letter to the US Department of the Treasury ("Treasury") on the "Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector" (the "RFI"). In the RFI issued on June 12th, Treasury...

Summary: Central bankers and finance ministries have increasingly equated the size and growth of the non-bank financial intermediation (NBFI) space with increased financial stability risks. Their rhetoric is not supported by data. In absolute terms, NBFI has grown over the past decade...

ICI Global provided comments on the Financial Stability Board’s consultation on Liquidity Preparedness for Margin and Collateral Calls. Comments were based on the perspective of ICI Global members and regulated funds. Read more in the comment letter.

Brussels, Belgium; December 20, 2023—Today, ICI Global welcomed the Financial Stability Board (FSB) and the International Organization of Securities Commissions’ (IOSCO) final reports on open-end fund liquidity risk management. Michael Pedroni, Head of ICI Global, released the...

Last month, FINRA filed with the SEC proposed amendments to Rule 2210 (Communications with the Public) (the "rule"). If adopted, the amendments would permit a FINRA member to project the performance or provide a targeted return with respect to a security or asset allocation or other...

Washington, DC, November 3, 2023—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement on the Financial Stability Oversight Council’s (FSOC) vote to adopt an analytic framework for financial stability risk assessment and change the...

On September 2, 2023, ICI Global filed comments with the Financial Stability Board (FSB) and the International Organization of Securities Commissions (IOSCO) regarding their recent Consultations on liquidity risk management in open-ended funds (OEFs). Read more in the comment letter.