EU money market funds face 'share destruction' crackdown

Warnings from CSSF and CBI

Mike Sheen
clock • 2 min read

Regulators from key EU fund domiciles Luxembourg and Ireland have warned managers of money market funds that they must stop using a mechanism which allows them to cancel shares, despite the asset management industry lobbying against the move.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

FCA and FOS to work together to resolve targeted support complaints

FCA and FOS to work together to resolve targeted support complaints

Joint statement

Jenna Brown
clock 11 December 2025 • 3 min read
FCA's targeted support rules set to take effect from April 2026

FCA's targeted support rules set to take effect from April 2026

Regulator plans to open application gateway for firms in March

Isabel Baxter
clock 11 December 2025 • 5 min read
FCA's Rathi vows to reform rules for VCT and alternative investment managers in 2026

FCA's Rathi vows to reform rules for VCT and alternative investment managers in 2026

Letter to Sir Keir Starmer

Linus Uhlig
clock 10 December 2025 • 2 min read
Trustpilot