Financial Stability Content

ICI: ETFs Proved Resilient During Unprecedented COVID-19 Market Volatility New Paper Details How ETF Ecosystem Facilitated Smooth Functioning in Markets and Provided Critical Price Discovery Mechanism for Investors Washington, DC; October 22, 2020—Despite unprecedented market...

The first paper in ICI’s new research series, “The Impact of COVID-19 on Economies and Financial Markets,” focuses on the relationship between the pandemic, the economic shutdown it triggered, and the volatility that gripped the markets.

Panel: The Future of European Financial Markets 9th Annual QED Fund Regulation Conference Paul Schott Stevens President and CEO Investment Company Institute 29 September 2020 As prepared for delivery. Thank you, Marcel, and thanks as well to all participating in today’s discussions...

1 3 September 2020 VIA ELECTRONIC MAIL Mr. Pascal Saint-Amans Director, Centre for Tax Policy & Administration Organisation for Economic Co-operation and Development 2 rue André Pascal 75016 Paris France pascal.saint-amans@oecd.org Mr. Gerassimos Thomas Director-General Directorate...

ICI Global Response to ESMA Consultation on Guidelines on Article 25 of Directive 2011/61/EU ICI Global1 appreciates the opportunity to comment on ESMA’s proposed guidelines to the National Competent Authorities (“NCAs”) on the assessment of alternative investment fund (“AIF”)...

Retirement Savers Maintain Commitment Despite COVID-19 Economic Downturn Recordkeeper data covering first half of 2020 show only slight increase in withdrawal activity Washington, DC; August 19, 2020—Americans continued to save for retirement through defined contribution (DC) plans...

Before COVID-19, the region’s economy already was struggling, with growth of just 0.1 percent in the fourth quarter of 2019. Now, EU policymakers are warning that, unless the pandemic eases rapidly, the European economy could contract by 8 to 12 percent or more.

ICI Defined Contribution Plan Recordkeeper Data Show Ongoing Commitment to Retirement Saving During COVID-19 Pandemic Washington, DC; May 14, 2020—Americans continued to save for retirement through defined contribution (DC) plans early this year despite uncertain market conditions...

In a recent call with the Financial Stability Board, ICI President and CEO Paul Schott Stevens shared some findings and observations about the response of fund investors to recent developments in financial markets, and the picture that has emerged to date is reassuring. The...