Money market fund and Public Interest Entity: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create page. Source: BDO webpage https://www.bdo.global/en-gb/services/audit-assurance/eu-audit-reform/what-is-a-public-interest-entity-(pie))
 
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(MMF).  
''Financial reporting and governance''.


A managed fund which invests in money market instruments.
(PIE).


Some money market funds are structured as 'liquid' money market funds, designed to be lower risk managed funds by - among other features - investing only in liquid money market instruments of the highest credit quality.
A Public Interest Entity is an undertaking that is of significant public relevance because of the nature of its business, its size or the number of its employees.


Other money market funds seek to provide higher average expected income through a longer dated, higher risk and less liquid portfolio.
The financial audits of PIEs are subject to stricter regulation than audits of other entities, because of the relevance of the undertaking to the public.




== See also ==
== See also ==
* [[Accumulating net asset value]]
* [[Audit]]
* [[Constant net asset value]]
* [[FAM]]
* [[Liquidity fee]]
* [[Liquidity fund]]
* [[Low-volatility NAV]]
* [[m]]
* [[mf]]
* [[Money market]]
* [[Money market fund reform: a light at the end of the tunnel?]]
* [[Money Market Funds Regulation]]
* [[Redemption gate]]
* [[Reverse distribution mechanism]]
* [[Rule 2a-7]]
* [[Variable net asset value]]
* [[Weighted Average Life]]
* [[Weighted average maturity]]
 
 
==Other links==
 
* [https://www.treasurers.org/hub/treasurer-magazine/how-money-market-funds-are-passing-the-crisis-test How money market funds are passing the crisis test, The Treasurer, June/July 2020]
 
*[http://www.treasurers.org/ACTmedia/Fitch%20Question%20Responses%20MMFs.pdf MMF reform: how will it affect treasurers? Fitch-ACT]
 
*[http://www.treasurers.org/node/9362 Lesson from America, The Treasurer, September 2013]
 
*[http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012]
 
*[http://www.treasurers.org/node/8103 Understanding MMF investments, The Treasurer, September 2012]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Treasury_operations]]
[[Category:Liquidity_management]]

Revision as of 16:30, 10 July 2018

Financial reporting and governance.

(PIE).

A Public Interest Entity is an undertaking that is of significant public relevance because of the nature of its business, its size or the number of its employees.

The financial audits of PIEs are subject to stricter regulation than audits of other entities, because of the relevance of the undertaking to the public.


See also