Pan-European regulator ESMA (the European Securities and Markets Authority) has published its final guidelines for the regulation of money market funds, including new liquidity and credit quality standards for the vehicles.
The report on Money Market Funds Regulation (MMFR) has now been presented to the European Commission (EC) to review as it puts into place new EU-wide standards for the products, which are currently overseen...
The US dollar is close to peaking and the risks now seem to be on the downside.
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