March 20, 2020 (Toronto) – The IIFA is calling upon regulators and lawmakers around the world to ensure that global financial markets remain open as governments act to stem the spread of COVID-19.
Investors—including countless individuals, families, and businesses—rely on the continued functioning of these markets every day. In recent weeks, markets have experienced significant volatility, but in maintaining their operations they have sent an important, positive signal to savers and businesses that funding is still available. Closing markets would deny savers access to their money and businesses access
to the financing they need.
We urge leaders in all jurisdictions to send a clear, unequivocal signal that financial markets will not close in response to this global pandemic.