Reference Case Number: FOI9907
Freedom of Information: Right to know request:
Investment funds that follow UCITS rules are not allowed to hold more than 10% of illiquid assets in their portfolios. Please could you advise how many such investment funds crossed the 10% threshold for holding illiquid assets in the following calendar years:
2013,2014,2015,2016,2017,2018,2019,2020,2021,2022
FCA response:
We can confirm that we hold some of the information you have requested, which can be found in the table below. We did not collect this information prior to 2017 so do not hold any relevant information prior to this date.
| Year | Number of breaches reported | Number of funds reporting breaches |
|---|---|---|
| 2017 | 1 | 1 |
| 2018 | 6 | 2 |
| 2019 | 3 | 1 |
| 2020 | 24 | 6 |
| 2021 | 10 | 3 |
| 2022 | 16 | 10 |