Legal News

ESMA updates guidelines on stress tests for money market funds

Published on: 16 December 2020
Published by LNB News

LNB News 16/12/2020

Document Information

Issue Date: 16 December 2020

Published Date: 16 December 2020

Jurisdiction(s): United Kingdom

Article summary

The European Securities and Markets Authority (ESMA) has published updated guidelines on money market fund (MMF) stress tests under the MMF Regulation. The updates reflect the experience of MMFs during March 2020, particularly in relation to redemption scenarios.

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