Regulatory Alerts2022-05-04
Added · Updated
Guidelines on stress test scenarios under the MMF Regulation - 2021 update
These guidelines establish common reference parameters for stress test scenarios that money market funds and their managers must include in their stress tests under Article 28 of the MMF Regulation. The document specifies calibration levels for hypothetical changes in asset liquidity, credit risk, interest and exchange rates, redemption levels, spread movements, and macro-systemic shocks. It applies to competent authorities, money market funds, and managers of money market funds, becoming effective two months after publication on ESMA’s website.
More like this from ESMA
We email you every new ESMA publication the day it's published.
Topics
Share