ESRB calls for reform of MMF regulation

ECB 2017

The European Systemic Risk Board (ESRB) puts forward new ways to address systemic vulnerabilities stemming from money market funds (MMFs) in a report published on July 2.

The analysis says the pandemic showed reforms implemented after the financial crisis are insufficient to address the peculiarities of these market participants.

It first sets out the reasons why MMFs pose a risk to financial stability. “There is an underlying tension between the two primary economic functions of MMFs: they

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: