Money Market Fund Reporting Obligations

Starting from 2020, managers of EU money market funds will be required under Article 37 of the MMFR to report specific information to the competent authority of the relevant MMF on at least a quarterly basis in a manner compliant with the ESMA Guidelines on Reporting under the MMFR. This filing should, inter alia, incorporate the results of stress testing conducted by the manager under Article 28 of the MMFR.

The ESMA Guidelines on Reporting under the MMFR provide that managers should send their first “Article 37” quarterly reports to the competent authorities in Quarter 1 of 2020.