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Response to joint Consultation on mechanistic references to credit ratings in the ESAs’ guidelines and recommendations
Go backIn particular, do you agree with the proposed revisions of the ESMA Money Mar ket Funds Guidelines? If not, please suggest an alternative.
In our opinion, the replacement of paragraph 4 of Box 2 and paragraph 2 of Box 3 in the Money Market Funds Guideline eliminates any forced mechanistic reaction to a down grade of a money market instrument.Name of organisation
Association of Danish Mortgage Banks & Danish Mortgage Banks Federation