Regulatory Alerts2026-08-06 | C793Added
C793 – Liquidity Risk Management- The revised framework introduced by the amending Directive (EU) 2024/927
The Cyprus Securities and Exchange Commission requires Cyprus Investment Fund Managers to implement liquidity risk management amendments introduced by Directive (EU) 2024/927 and Delegated Regulations (EU) 2026/465 and (EU) 2026/466. These regulations specify characteristics for liquidity management tools, including greater flexibility for redemption gates and refined requirements for anti-dilution tools. The rules apply as of 16 April 2026, with existing funds benefiting from transitional arrangements until 16 April 2027. Managers must perform a documented gap analysis and ensure their Boards exercise effective oversight of the implementation process.
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