Regulatory Alerts2021-06-15
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Commission Delegated Regulation (EU) 2021/1383 amending Delegated Regulation (EU) 2018/990 regarding assets received by money market funds in reverse repurchase agreements
The European Commission amends Article 2(6) of Delegated Regulation (EU) 2018/990 to specify the regulatory frameworks for exemptions from supplementary requirements on assets received by money market funds in reverse repurchase agreements. The amendment replaces points (a), (b), and (c) to clarify that exemptions apply to credit institutions, investment firms, and insurance undertakings established in the Union or in third countries covered by specific equivalence decisions. This regulation enters into force on the twentieth day following its publication in the Official Journal of the European Union.
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