EU securities regulator on money market funds’ liquidity challenges

Europe
On the 07.10.20 at 8:00AM

by

Tuba Raqshan

European Securities and Markets Authority (ESMA) clarified that money market funds (MMFs) may enter into transactions with third parties, if stipulations in Article 35 of MMF Regulations are met.
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At the end of March 2020, certain money market funds (MMFs) faced significant liquidity challenges.

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