Europe’s Money Market Fund Assets See €1.44T in 2021
The total asset of money market funds (MMFs) under European manager’s control stood at €1.44 trillion (tn) in 2021, the European Securities and Markets Authority (ESMA) disclosed in its inaugural market report on European Union MMFs published on Wednesday. The securities market regulator noted that 89% of the funds are domiciled in France, Luxembourg and […]
ESMA Consults Public on Post-Trade Transparency
On Thursday, the European Securities and Markets Authority (ESMA) launched a public consultation “on certain technical issues” to inform its upcoming manual on post-trade transparency. AloGatewayis a Global payment processing service and solutions provider able to cater to a multitude of clients ranging from small family-owned businesses to large corporations. The European Union financial markets […]