Financial Stability
We actively engage in global policy debate to help advance thinking about how systemic risk concerns can be better understood and addressed. In 2008, the Hedge Fund Working Group Final Report - which established the SBAI - highlighted the broader issues in relation to financial stability that needed to be better understood including handling of situations of liquidity distress. We also addressed the handling of redemptions in situations of liquidity distress in a dedicated consultation to amend the Standards in 2009/2010 (CP1).