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Ukraine conflict—ESMA issues statement on funds with exposures to assets facing liquidity issues

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Published on: 16 May 2022
Published by LNB News

LNB News 16/05/2022

Document Information

Issue Date: 16 May 2022

Published Date: 16 May 2022

Jurisdiction(s): European Union

Article summary

The European Securities and Markets Authority (ESMA) has released a public statement on the implications of Russia’s invasion of Ukraine on investment fund portfolios. ESMA expects managers of investment funds with exposures to assets facing liquidity issues to assess whether a fair value of these assets can still be determined and adapt the valuation without undue delay.

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Jurisdiction(s):
European Union

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