The CSSF published its final guidance on MMF weekly liquid assets on 30 October 2026, and the numbers did not move. The CSSF expects Luxembourg money market funds to align their liquidity risk frameworks and weekly liquid assets (WLA) with market resilience levels of 20% for variable net asset value (VNAV) funds and 40% for…
On 21 August 2026 the Banque centrale du Luxembourg published its Financial Stability Review 2026, the central bank’s annual read on the systemic risks running through the Grand Duchy’s banks, insurers and investment funds. The BCL Financial Stability Review 2026 was closed editorially on 12 June 2026, and the most recent figures in it are…
Get the UK Money Market Fund reform wrong, and the mistake shows up in two places at once: the weekly liquid asset buffer your fund holds, and the answer you give your supervisor when asked why it sits there. In a statement published on 8 June 2026, the FCA set out updated proposals under which…
A Luxembourg money market fund can sit comfortably above every statutory liquidity minimum and still end up on the wrong side of its supervisor. That is the practical shift inside the CSSF consultation opened on 8 June 2026. It sets a supervisory benchmark for MMF weekly liquid assets that runs well above the figures written…
A money market fund manager who keeps a 2018 copy of the CSSF MMFR FAQ open in a browser tab is now reading a superseded version of the guidance. On 2 June 2026 the CSSF reissued its FAQ on the Money Market Funds Regulation as Version 5 and deleted two questions outright. Neither deletion loosens…