Council of the EU set to agree on money market fund reform
Amendments and deadline extension spark relief among end-users
The European Union's proposals for reforming the regulation of money market funds (MMFs) look set to take a big step forward this week, when the Council of the EU is due to approve a compromise text without discussion. Permanent representatives to its economic and financial affairs committee could announce the deal as early as tomorrow (Wednesday). The council has been struggling to reach
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