Europe Gets the Measure of Money Market Funds

GTNews

After years of fierce debate, the US agreed new rules in April for the future regulation of money market funds (MMFs). The new rules, which include increased disclosure, are scheduled for implementation from October. How are similar efforts in Europe progressing, particularly following the UK’s recent decision to exit the European Union (EU)? Jane Lowe, secretary general of the Institutional Money Market Funds Association (IMMFA) provided an overview at GTNews’s recent Treasury Innovation Forum (TIF) held in London.

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