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The Q&A document includes answers to questions linked with the presentation, content and review of the KID, including the methodologies underpinning the risk, reward and costs information. These questions were raised by different stakeholders, such as product manufacturers and distributors. The ESAs will continue to answer further questions and will subsequently publish them. Stakeholders are […]
ESMA consults on stress testing rules for money market funds
The Money Market Funds Regulation (MMFR) requires managers of MMFs to conduct regular stress tests as part of their risk management and regulatory disclosure. Funds must put in place sound stress testing processes, including identifing stress events, or future changes in economic conditions, and assess the impacts these different scenarios may have on (the net-asset-value […]