UK Proposes 90 Day Notice for Illiquid Funds
Britain's financial watchdog has proposed a 90 day redemption notice period for illiquid assets like property. The rule aims to reduce rushed asset sales and align the UK with international standards.
The United Kingdom's Financial Conduct Authority proposed a 90-day redemption notice period for illiquid assets to curb rushed sales. The measure aims to prevent liquidity-driven fund suspensions during market stress. Investor protection rules align British markets with international liquidity standards for open-ended funds.
