The European Securities and Markets Authority (ESMA) has issued new instructions with updated validations and schemas for the first filings by money market fund (MMF) managers under the Money Market Funds Regulation (MMFR) due this September. Updates for the earlier instructions were published in July 2019 after considering feedback from market participants and the technical committee at ESMA. With this, MMF managers are required to use the latest version (v1.1) of the schemas to provide detailed information about the funds to their respective national competent authorities (NCAs) who will then share the same with ESMA after processing it through their internal systems. Read More
A practical comparison of data requisites
Form PF must be filed by private fund investment advisers that are registered with the SEC and have at least $150 million in assets under management (AUM). Depending on the size of the reporting fund and fund type, various sections of Form PF are required to be filed.