This book provides the first comprehensive examination of the regulation of money market funds on both sides of the Atlantic.
Contributing authors offer their interpretations of legal rules and relevant guidelines as well as commentaries, checklists, and practice examples. This edited book is divided into three parts: parts one and two cover money market fund development and regulation in the EU and in the US, respectively. Part three provides a comparative analysis of US and EU regulatory models, money market fund ratings, money market funds outside the US and EU, and systemic risk regulation.
Given the current issues surrounding money market fund regulation, this book is a vital and timely resource offering a comprehensive comparative analysis and rigorous account of money market funds internationally.
The book readership includes regulators and legal practitioners (specializing in banking, funds, finance and capital markets), asset managers, banks and financial institutions, and money market fund investors.