Consultation on supervising the liquidity risk management of IORPs

IORPs vulnerabilities to liquidity risks underline the need for a thorough assessment of their exposure to margin and collateral calls, early withdrawals and outgoing transfers – as well as an evaluation of their ability to manage these risks. This consultation paper sets out EIOPA’s draft Opinion on the supervision of IORPs’ liquidity risk management. Its objective is to enhance convergence in oversight to protect pension fund members and beneficiaries and to bolster the stability of IORPs and the wider financial system.