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Reforms to Money Market Fund Regulations

14 May 2026

Proposing MP
Northampton North
Type
Written Ministerial Statement
Department
Treasury

At a Glance

Issue Summary

Lucy Rigby is addressing reforms to Money Market Fund R [1D [K Regulations to enhance resilience during market stress.

Action Requested

The Government will lay legislation as soon as parli [5D [K parliamentary time allows to establish a new regulatory framework for UK MM [2D [K MMFs, with the FCA setting higher liquidity expectations. The regime is exp [3D [K expected to be in place by Q4 2026.

Key Facts

  • HM Treasury and FCA consulted on replacing and reforming [K MMFR in 2023.
  • Most requirements for UK MMFs will be set out in FCA rules [5D [K rules and guidance under the new regulatory framework.
  • The regime is exp [3D [K expected to be in place by Q4 2026, subject to Parliamentary approval.
  • T [1D [K The EU published a report on 11 May setting out expectations for Money Mark [4D [K Market Funds.
Assessment & feedback
Summary accuracy