EU watchdog calls for urgent reform of money market funds

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Reforms to tackle vulnerabilities in money market funds are urgently needed for the sector to cope better with economic shocks, a top European Union securities regulator said on Tuesday. Money market funds or MMFs are widely used by companies for day-to-day financing purposes. But MMFs in Europe...

https://www.hellenicshippingnews.com/eu-watchdog-calls-for-urgent-reform-of-money-market-funds/

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