ALFI response to FSB consultation on MMF resilience

NEWS
Published
Aug 16th '21
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On 16 August 2021, Association of the Luxembourg Fund Industry (ALFI) responded to the consultation on Money Market Fund (MMF) resilience conducted by the Financial Stability Board (FSB).

 

According to the FSB, the policy options in the consultation report aim to address structural vulnerabilities in MMFs and related stress in short-term funding markets. They are intended to inform jurisdiction-specific reforms and any necessary adjustments to the policy recommendations for MMFs issued by the International Organization of Securities Commissions (IOSCO).

 

Based on the feedback received, the FSB will publish a final report, which is expected for October 2021.

 

Source: ALFI