Position Statement on the EU's Proposed Money Market Funds Regulation

The EACT has published a position statement commenting on the EU's proposed Money Market Funds regulation. The EACT argues that for the real economy there is one fundamental flaw in the proposal - the bar on the use of external credit ratings. The EU's intention to require CNAV funds to hold a capital buffer is also highlighted as a measure that is likely to make the CNAV product unviable; the EACT proposes instead improvements in disclosure and the use of liquidity gates and fees, the combination of all of which would better support the real economy than introducing capital buffers.

View Document

Subscribe to the EACT Newsletter

News


Podcast | Central Bank Digital Currencies: What Treasurers Need to Know

Photo from Podcast | Central Bank Digital Currencies: What Treasurers Need to Know

Jean-Marc Servat, EACT, takes a deep dive into the world of crypto assets to discuss why Central Bank Digital Currencies (CBDCs) are capturing the attention of finance professionals.

View More

EACT Newsletter - December 2020

Photo from EACT Newsletter - December 2020

The latest issue contains the 2021 EACT Award, an interview with EACT Chair, Jean-Marc Servat, and more information about the upcoming Libor transition.

View More

EACT Joins Global Coalition to Fight Financial Crime

The EACT has become a member of the Global Coalition to Fight Financial Crime (GCFFC).

View More

Royal Avebe Wins First DACT Treasury Award

After an exciting battle, the winner of the DACT Treasury Award 2020 has been announced.

View More

EACT LMA Webinar: Libor Transition & Reference Rate Reform 2020

Photo from EACT LMA Webinar: Libor Transition & Reference Rate Reform 2020

View a recording of the recent webinar hosted by EACT and Loan Market Association (LMA).

View More