CSRC to step up oversight of big money market funds
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
On January 14, the China Securities and Regulatory Commission (CSRC) released draft rules defining “important money market funds (MMFs)” and specifying their operating requirements.
The point: The CSRC wants to identify MMFs that are too big to fail and, well, ensure they don't fail.
Some context: M...