EU’s $1.1 Trillion Money-Fund Market Faces Stricter Regulation

  • EU member states to endorse position on money-fund regulation
  • Talks may begin with parliament in July on final legislation

The European Union is moving closer to imposing tighter restrictions on money-market funds after years of wrangling, while stopping short of restrictions the industry said would upend the 1 trillion-euro ($1.1 trillion) market.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.