UK commits to money market funds reforms by year-end
( May 14, 2026, 11:00 GMT | Official Statement) -- MLex Summary: The UK government has committed to reforming regulations of money market funds by the end of the year. The finance ministry said in a statement that recent periods of market stress showed the need to strengthen the resilience of these funds. A new legislation will allow the Financial Conduct Authority to set new rules and guidance, the ministry said. Statement is attached....
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