Europe: Commission publishes communication on shadow banking and proposals regarding money market funds

The European Commission has today published a Communication on shadow banking as well as a proposal for a Regulation on money market funds. A copy of the Communication is available here (pdf) and FAQs are available here. A copy of the proposed Regulation is available here (pdf). Supporting the proposed Regulation are the following documents: FAQs | Citizens' summary (pdf) | Impact assessment: full (pdf), summary (pdf) |.