MMFR Reporting
The Money Market Fund Regulation (MMFR) reporting regime requires money market funds (MMFs) in the EU to provide regular reports to competent authorities.
MMFR Overview
MMFR lays down rules for money market funds (MMFs) established, managed or marketed in the Union. It aims to ensure financial stability, protect investors, and increase transparency by imposing liquidity requirements, redemption restrictions, changes in fund valuation methods, and reporting obligations.
Article 37 of MMFR requires managers of MMFs authorised in the EU to report to national competent authorities (NCAs) a set of information for each MMF managed, including: portfolio holdings, portfolio and liquidity indicators, investor concentration, valuation, and stress testing with the objective of ensuring ensure effective supervision within the Union. The NCAs then transmit the information to ESMA, which collects and stores the information in a central database.
Data Quality
The MMFR Data Quality Engagement Framework (DQEF) is composed of:
- a non-Technical Document, outlining the process and tasks allocation between ESMA and the NCAs, and
- a Technical Document that includes the data quality tests carried out and the timelines of execution.
Databases and Registers
Databases and Registers information is specified on the Databases and registers webpage