Institutional Money Market Funds Association (​IMMFA) Urges Adjustments to UCITS Directive. The body of European mutual fund regulations, UCITS (​the Undertaking for Collective Investments in Tranferable Securities), was designed to allow mutual fund investments to be offered throughout a unified Europe. Recent amendment proposals have drawn a response from a money fund trade group. While the letter linked above doesn'​t deal with European money market fund regulations (​which still don'​t exist), the amendments do touch on some technical points of interest to Dublin and Luxembourg based liquidity fund providers.

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