On 21^st January 2019, compliance with the European Union’s Money Market Fund Reform should have became mandatory for the whole European money market fund industry. This deadline was recently extended to 21st March. A regulatory response to events in 2008/9 when liquidity in a handful of money market funds became scarce, the reform is designed to mitigate these risks from materialising again by introducing new requirements for money market funds around portfolio classification, investment policies, risk management, valuation and reporting.

These rule changes have had a notable impact on the industry. In this webinar, we provide an overview of how the industry and clients are reacting to the reform and question some of the choices that have been made.

BNP Paribas Asset Management’s Philippe Renaudin and Gregory Chereau share their views and analysis.