The French securities regulator Autorite Des Marches Financiers' (AMF) proposed guidelines on the definition of a French money market fund (MMF) to promote transparency and consistency within the €510 billion ($664 billion) French MMF industry, and also placing a greater emphasis on asset credit risk.

The AMF's proposal is in response to recent credit and liquidity disruptions, as well as calls from market participants — notably corporate treasurers — to more explicitly define what types of investment vehicles are deemed to be MMFs.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.