Cash & Liquidity Management
Published  5 MIN READ
Please note: this article is over 5 years old. If you feel this article is inaccurate or contains errors get in touch here . Many thanks, TMI

European MMF Regulation Enters Final Stage

European MMF Regulation Enters Final Stage

by Charlotte Quiniou CFA, Director in Fitch Ratings’ Fund and Asset Manager Rating Group


A significant step towards European money market fund (MMF) regulation has been achieved with the Council of the European Union’s agreement on a revised proposed MMF framework in June 2016. This comes almost three years after the European Commission’s initial proposed text and more than a year after the European Parliament’s revised rules proposal, illustrating the difficulties in reaching a commonly agreed approach for the EUR1.2trn European MMF industry.

Figure 1 - The European MMF Universe