ESMA report finds EU MMF industry at close to €1.5tn

On 8 February 2023, the European Securities and Markets Authority (ESMA), published its inaugural market report on European Union (EU) Money Market Funds (MMF). With this report ESMA provides for the first time a comprehensive market-level view of EU MMFs, based on supervisory information collected by National Competent Authorities (NCAs) and ESMA.