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Subjects / Financial Markets

Slipping deadlines for EU money market funds reform

Staff | March 12, 2014

BRUSSELS – The timeline for the European Parliament to consider new regulations for money market funds (MMFs) continues to slip, raising the risk that this legislation will be delayed until after European elections in May 2014. Parliament’s economic and monetary affairs committee (ECON) has already agreed to make as much progress as possible on the regulation of financial benchmarks, but leave the final vote until after May.

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