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The European Parliament has announced that it will consider the MMF regulation during its upcoming plenary session, currently scheduled to be held April 3-6, 2017.
The MMF regulation is intended to introduce new framework
requirements to more effectively regulate money market funds, as
well as increase their stability and general liquidity. In
particular, the regulation (introduced by the European Commission)
is intended to more tightly regulate the shadow banking sector.
The plenary session will allow debate and potential amendment to
the scope of the MMF regulation.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.