Date Published 16/11/2021
The Central Bank publishes a notice of intention in relation to the application of the ESMA Guidelines on stress test scenarios under the Money Market Fund (MMF) Regulation
The Central Bank published a notice of intention in relation to the ESMA “Guidelines on stress test scenarios under the MMF Regulation” on 19th August 2021. The notice sets out that the Central Bank expects full compliance with the Guidelines from 29 August 2021. The Central Bank will, in due course, consult on the incorporation of a provision in the Central Bank UCITS Regulations and AIF Rulebook that all managers of MMFs adhere to the Guidelines.
Action: No Action required.