French short-term investors will soon have more reason to look beyond the Asset Backed Billet de Tresorie (ABBT) market, as regulatory constraints that were previously an issue for investors in the ECP market are set to be lifted.

In the next two years, the French Regulation for Undertakings for Collective Investments In Transferable Securities (UCITS) must reflect the recent European Union directive that treats European commercial paper as a regulated instrument.

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