Money Market Funds

Author (Corporate)
Series Title
Series Details March 2017
Publication Date March 2017
Content Type ,

Money Market Funds are collective funds that invest in short-term debt and provide financing for financial institutions, corporations and governments. During the financial crisis, their liquidity and stability were challenged, prompting a legislative proposal to make them more resilient.

After long negotiations, the co-legislators (European Parliament (EP) and Council of the European Union) reached an agreement in November 2016. This agreement is submitted to the March 2017 EP plenary for adoption.

Author: Angelos Delivorias
Source Link http://www.europarl.europa.eu/RegData/etudes/ATAG/2017/599308/EPRS_ATAG(2017)599308_EN.pdf
Related Links
ESO: Background information: Money Market Funds: Measures To Improve Stability And Liquidity http://www.europeansources.info/record/money-market-funds-measures-to-improve-stability-and-liquidity-eu-legislation-in-progress-2/
ESO: Background information: Money market funds: Council confirms deal with EP http://www.europeansources.info/record/money-market-funds-council-confirms-deal-with-ep/
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