Buy-Side Resilience Probed as Regulators Map System Risk

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Global regulators will assess the resilience of large investment funds to financial crises as they press ahead with work on identifying systemically important firms.

“Stress testing and looking at how funds operate in stressed market conditions is one of the areas we’re going to be looking at,” David Wright, secretary general of the International Organization of Securities Commissions, said in an April 23 interview in Riga, Latvia.