A press release of Fabio De Masi
The Committee on Economic and Monetary Affairs (ECON) adopted today the result of the trilog negotiations on the regulation of money market funds (MMF). Fabio De Masi, member on the European Parliament’s Committee on Economic and Monetary Affairs (ECON) and GUE/NGL shadow rapporteur, comments on the final text:
“Almost a decade has passed since the outbreak of the global financial crisis, yet nothing has happened in the EU to regulate shadow banking ...