imported>Doug Williamson |
imported>Doug Williamson |
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| ''Financial market regulation - European Union.''
| | The processing of criminal proceeds to disguise their illegal origin. |
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| (MMFR).
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| Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (MMFs).
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| It became mandatory for all funds from January 2019, and for new funds from July 2018.
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| Under the Regulation there are three types of Short-term MMF:
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| * Public Debt CNAV
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| * Low Volatility NAV (LVNAV)
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| * Variable NAV (VNAV)
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| There is just one type of Standard MMF:
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| * Variable NAV (VNAV)
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| Short-term MMFs are required to adhere to tighter investment rules than Standard MMFs.
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| Short-term funds may be constantly or variably priced, depending on the fund category.
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| Only Public Debt CNAV and LVNAV funds are allowed to be constantly priced.
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| Standard MMFs are always variably priced.
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| == See also == | | == See also == |
| * [[Accumulating net asset value]]
| | * [[European Economic Area]] |
| * [[Constant net asset value]]
| | * [[4MLD]] |
| * [[European Union]] | | * [[Financial Action Task Force]] |
| * [[FAM]] | | * [[Know-your-customer]] |
| * [[Liquidity fee]] | | * [[MLRO]] |
| * [[Liquidity fund]] | | * [[SOCA]] |
| * [[LVNAV]]
| | * [[USA PATRIOT Act]] |
| * [[m]]
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| * [[mf]]
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| * [[Money market]] | |
| * [[Money market fund]] | |
| * [[Money market fund reform: a light at the end of the tunnel?]] | |
| * [[Redemption gate]]
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| * [[Regulation]]
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| * [[Reverse distribution mechanism]]
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| * [[Variable net asset value]]
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| * [[Weighted Average Life]]
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| * [[Weighted average maturity]]
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| ===Other links===
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| *[http://www.treasurers.org/ACTmedia/Fitch%20Question%20Responses%20MMFs.pdf MMF reform: how will it affect treasurers? Fitch-ACT]
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| *[http://www.treasurers.org/node/9362 Lesson from America, The Treasurer, September 2013]
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| *[http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012]
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| *[http://www.treasurers.org/node/8103 Understanding MMF investments, The Treasurer, September 2012]
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| [[Category:Accounting,_tax_and_regulation]] | | [[Category:Compliance_and_audit]] |
| [[Category:The_business_context]]
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| [[Category:Cash_management]]
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| [[Category:Financial_products_and_markets]]
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| [[Category:Liquidity_management]]
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