Regulatory Alerts2024-05-09
ESMA Guidelines on Stress Testing Scenarios under the Money Market Fund Regulation – HANFA Confirms Full Compliance with 9 May 2024
HANFA, Croatia's securities regulator, issued this notice on 9 May 2024 to confirm its full compliance with ESMA’s Guidelines on Stress Testing Scenarios under the Money Market Fund Regulation. The notice mandates that competent authorities, money market funds, and fund managers apply the stress testing guidelines in their entirety starting from 6 May 2024. It establishes a binding commitment for supervised entities to align their stress testing methodologies and reporting with the specified ESMA framework without partial application.
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