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.
Sign up for free to read the full article
Register Login with LinkedInAlready have an account?
Login
Download our Free Treasury App for mobile and tablet to read articles – no log in required.
Download Version Download Version