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Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (Assimilated Law)RecitalsChapter I General provisions (arts. 1-7)Article 1 Subject matter and scopeArticle 2 DefinitionsArticle 2a Conditions for money market instruments and transferable securitiesArticle 3 Types of MMFsArticle 4 Authorisation of MMFsArticle 4A Approval of country or territoryArticle 5 Procedure for authorising MMFs that are AIFsArticle 6 Use of designation as MMFArticle 7 Applicable rulesChapter II Obligations concerning the investment policies of MMFs (arts. 8-23)Section I General rules and eligible assets (arts. 8-16)Article 8 General principlesArticle 9 Eligible assetsArticle 10 Eligible money market instrumentsArticle 11 Eligible securitisations and ABCPsArticle 12 Eligible deposits with credit institutionsArticle 13 Eligible financial derivative instrumentsArticle 14 Eligible repurchase agreementsArticle 15 Eligible reverse repurchase agreementsArticle 16 Eligible units or shares of MMFsSection II Provisions on investment policies (arts. 17-18)Article 17 DiversificationArticle 18 ConcentrationSection III Credit quality of money market instruments, securitisations and ABCPs (arts. 19-23)Article 19 Internal credit quality assessment procedureArticle 20 Internal credit quality assessmentArticle 21 DocumentationArticle 22 Delegated acts for the credit quality assessmentArticle 23 Governance of the credit quality assessmentChapter III Obligations concerning the risk management of MMFs (arts. 24-28)Article 24 Portfolio rules for short-term MMFsArticle 25 Portfolio rules for standard MMFsArticle 26 MMF credit ratingsArticle 27 'Know your customer' policyArticle 28 Stress testingChapter IV Valuation rules (arts. 29-33)Article 29 Valuation of MMFsArticle 30 Calculation of NAV per unit or shareArticle 31 Calculation of the constant NAV per unit or share of public debt CNAV MMFsArticle 32 Calculation of the constant NAV per unit or share of LVNAV MMFsArticle 33 Issue and redemption priceChapter V Specific requirements for public debt CNAV MMFs and LVNAV MMFs (art. 34)Article 34 Specific requirements for public debt CNAV MMFs and LVNAV MMFsChapter VI External support (art. 35)Article 35 External supportChapter VII Transparency requirements (arts. 36-37)Article 36 TransparencyArticle 37 Reporting to the FCAChapter VIII Supervision (arts. 38-43)Article 38 Supervision by the FCAArticle 39 Powers of competent authoritiesArticle 40 Penalties and other measuresArticle 41 Specific measuresArticle 42 Powers and competences of ESMAArticle 43 Cooperation between authoritiesChapter IX Final provisions (arts. 44-47)Article 44 Treatment of existing UCITS and AIFsArticle 45 RegulationsArticle 46 ReviewArticle 47 Entry into forceSchedule 1 Eligible units or sharesDone at
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Version status: | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Done at

Done at Strasbourg, 14 June 2017.

For the European Parliament
The President
A. Tajani

For the Council
The President
H. Dalli

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