Brussels, 13/02/2014 (Agence Europe) - On Monday 17 February, the European Parliament's economic and monetary affairs committee will vote on draft legislation on money market funds (see EUROPE 10914).
Saïd El Khadraoui (S&D, Belgium), the EP's rapporteur on this issue, told EUROPE on Thursday 13 February that there was not any broad enough consensus on a number of issues, like portfolio diversification and how funds should be rated.
The problem is what to do about CNAVs, he explained....