ESMA publishes final Money Market Funds Regulation guidelines
Focused on asset liquidity and credit quality
New rules aim to ensure the stability and integrity of money market funds
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...
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