Last Updated on June 3, 2025 by Arnaud Collignon
Application Questionnaire for Money Market Funds
The Commission de Surveillance du Secteur Financier (CSSF) has established a comprehensive application questionnaire for entities seeking to manage Money Market Funds (MMFs). This document is essential for ensuring compliance with regulatory standards and maintaining the integrity of the financial market.
Purpose of the Questionnaire
The primary aim of the application questionnaire is to:
- Gather detailed information about the fund’s structure and management.
- Assess the applicant’s adherence to the European Money Market Fund Regulation.
- Ensure that the fund operates within the framework of sound risk management practices.
Key Sections of the Questionnaire
The questionnaire is divided into several key sections, including:
- General Information: Basic details about the fund and its management company.
- Investment Strategy: Description of the fund’s investment objectives and strategies.
- Risk Management: Outline of the risk management framework and processes in place.
- Operational Aspects: Information on the operational setup, including service providers and governance.
Submission Process
Applicants must ensure that all sections of the questionnaire are completed thoroughly. Incomplete submissions may lead to delays in the approval process. Once completed, the questionnaire should be submitted to the CSSF along with any required supporting documents.
Importance of Compliance
Compliance with the CSSF’s requirements is crucial for:
- Maintaining investor confidence.
- Ensuring the fund’s eligibility for distribution within the EU.
- Facilitating a transparent and efficient market environment.
External Links
For further information, please refer to the official CSSF documentation and guidelines.
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