On 31 March 2020, the European Securities and Markets Authority (ESMA) announced that it was delaying the first reports by money market funds managers under the Money Market Funds Regulation (MMF Regulation) until September 2020. The original date for submissions was April 2020. The delay was due to an update to the XML schema.
This month’s briefing covers the latest developments impacting asset managers in the wake of the COVID-19 pandemic. The spread of COVID-19 has significantly and adversely impacted global financial markets.