Despite withstanding the March 2020 market shock of the Covid-19 crisis with minimal intervention, money market funds are currently subject to review by several regulators. OMFIF is publishing a policy paper to consider whether the terms of that review are appropriate, and whether policy-makers properly understand the role of money market funds in short-term markets. As a preview to that paper, join Steffen Kern, head of risk analysis and economics at ESMA, – wo are conducting a consultation on MMFs – Debbie Cunningham, chief investment officer of global money markets at Federated Hermes, and David Freeman, partner at Arnold & Porter, as they discuss what really happened in March 2020, the importance of constructive dialogue and data review ahead of any regulatory changes, and the best way forward for money markets today.

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