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On 13 November 2020, ESMA released its findings following the
co-ordinated NCA supervisory review during February- March 2020 of
liquidity in UCITS and AIFs with large corporate debt and property
exposure (Report). The review was undertaken in response to
recommendations of the ESRB for an assessment of such funds
preparedness for future redemptions and valuation shocks. See
our briefing (Central Bank Data Requests Issued to Corporate
Debt & Real Estate Funds) for the background to this
Report.
Overall Findings
While ESMA acknowledges that, overall the investment
funds under review managed to maintain adequately their activities
white house because you have the requirement to have integrity, and you have to build trust and develop others and have to take action and be intellectually curious when you are a leader, so you combine mccraven, and secretary mattis, and john kelly and you say there s not only a leadership vokid, and the management processes like what we were just discussing with senator graham coming out and changing the whole approach to syria, these things are starting to add up, and stan mcchrystal is very precise in his language. he doesn t speak that way off the cuff. he is a quiet professional, and he and bill mcgraven, those guys are quiet and get the mission done. for both of them to be speaking up within the last month about what they see as a leadership
looking at consolidation rather than expanding. you know, these controllers make, when you take in benefits well, salary over 100,000, 160 when you add in benefits, at $160,000 a year, you ought to be able to stay awake. i ll forgive an occasional human error, but we ve got a problem when you reç making that much money and falling asleep on the job. yeah. obviously, a lot of people would like to be able to make that kind of money. and i wonder what you think what could be done. i know the chairman of your committee is planning hearings. but what can congress do? what s your role in terms of oversight? i think we need to look at some of the management processes in place at the faa. obviously, they ve taken the right step. they ve got their union director and the head of the faa doing a tour to various air traffic control facilities, trying to get the morale up and reminding the folks how critical their job is to the safety of the traveling public. and you re also on the homela