The management companies adhering to ANBIMA's Third Party Asset Management Code shall review their respective Liquidity Risk Management Policies ("Policies"), based on the Liquidity Risk Rules and Procedures applicable to the funds regulated by CVM Instruction No. 555, of December 17, 2014 ("ICVM 555")
The update may be carried out through the use of a new tool, which (i) assists the creation of new risk management policies for investment funds for the implementation of metrics and controls of liquidity and liabilities and (ii) has the purpose of facilitating risk management by the institutions and systematizing the analysis and validation of data by ANBIMA's market supervision area.
The use of the tool is already available through the Learning and Publishing Module ("MAP"), integrated with the Market Surveillance System (MSS), and will be free of charge and optional. Institutions that choose to adhere to the tool will have until 28 February 2022 to update their new Policies in the MSS.
Finally, we highlight that the institutions that choose to perform the procedure, without using the tool, will have until 01 December 2021 to perform the update.
The Corporate and Capital Markets team of Barcellos Tucunduva Advogados is at your disposal to clarify any doubts related to the subject above, at the e-mail [email protected]
