ESMA readies stress testing requirements for money market funds

ESMA Guidelines and Recommendations

Date: 23 July 2019
On 19 July 2019, the European Securities and Markets Authority (ESMA) issued two sets of guidelines regarding the stress testing of money market funds and reporting on money market funds to national competent authorities (NCAs), aimed at ensuring a coherent application of the Money Market Fund (MMF) Regulation.
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